Conesus Fest for Charity Inc
Analysis
Conesus Fest for Charity Inc is a registered charity in United States, based in Orchard Park, NY. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Conesus Fest for Charity Inc reported income of $551k and spending of $508k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $436k to $551k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 166%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Conesus Fest for Charity Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Center for Rural Culture ($551k), Mollys House Inc ($551k) and Catholic Social Services of Montana Inc ($551k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $264k against liabilities of $196, net assets of $264k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center for Rural Culture | N Chesterfld | $551k |
| Mollys House Inc | Stuart | $551k |
| Catholic Social Services of Montana Inc | Helena | $551k |
| Council of State Governments | Lexington | $551k |