Ballet Folklorico Mexicano de Carlos Moreno

Analysis

Ballet Folklorico Mexicano de Carlos Moreno is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Ballet Folklorico Mexicano de Carlos Moreno reported income of $199k and spending of $198k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $110k to $199k (+81%), an average of +80% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ballet Folklorico Mexicano de Carlos Moreno 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 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Atrium Apartments Inc ($199k), Paloma School Parent Teacher Organization ($199k) and South County News ($199k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.