Celebration Inc

Analysis

Celebration Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in November 1979, 47 years ago. 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, Celebration Inc reported income of $4.9m and spending of $3.9m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $4.9m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Celebration Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Wellview Care Inc ($4.9m), Wyndcroft School ($4.9m) and Ocean County YMCA Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. Compensation of current officers, directors and key employees was $411k (11% of expenses). Other salaries and wages came to $923k. At year end it held assets of $13.4m against liabilities of $39k, net assets of $13.4m. It reported 34 employees.