Debbie Allen Dance Inc

Analysis

Debbie Allen Dance Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Debbie Allen Dance Inc reported income of $5.2m and spending of $5.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.2m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 391%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Debbie Allen Dance Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Indigenous Pathways Inc ($5.2m), Metropolitan Community College Foundation ($5.2m) and Horizons K8 ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $295k (5.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $23.1m against liabilities of $4.2m, net assets of $18.8m. It reported 46 employees.