Next Generation Swing Dance Club Inc

Analysis

Next Generation Swing Dance Club Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Next Generation Swing Dance Club Inc reported income of $147k and spending of $152k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $6,029 to $147k (+2333%), an average of +2333% a year. The sharpest change came in the year to June 2023, when income rose by 2333%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Next Generation Swing Dance Club Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Upr Foundation Inc ($147k), Sod House Theater Company ($147k) and Bulgarian Center of New England Inc ($147k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 93% of the total. At year end it held assets of $35k against liabilities of $9,907, net assets of $25k.