Plaquemines Heritage & Seafood Festival Inc

Analysis

Plaquemines Heritage & Seafood Festival Inc is a registered charity in United States, based in Belle Chasse, LA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Plaquemines Heritage & Seafood Festival Inc reported income of $52k and spending of $42k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $52k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Plaquemines Heritage & Seafood Festival Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within LA. Charities of a similar size with the same main cause include Blue Springs Athletic Association ($52k), GHS Boys Lax Booster Club ($52k) and Mighty Mites Incorporated ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 128% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.