Uvalde Festival and Events Association Inc

Analysis

Uvalde Festival and Events Association Inc is a registered charity in United States, based in Uvalde, TX. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Uvalde Festival and Events Association Inc reported income of $113k and spending of $55k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $85k to $113k (+32%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Uvalde Festival and Events Association Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Kioch Partners of America K-Pals Inc ($113k), Houston Pi Beta Phi Foundation ($113k) and York Foundation for Public Education Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.