Millburn Short Fourth of July Committee Inc

Analysis

Millburn Short Fourth of July Committee Inc is a registered charity in United States, based in Short Hills, NJ. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Millburn Short Fourth of July Committee Inc reported income of $77k and spending of $65k, spending 84% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $49k to $77k (+57%), an average of +25% a year. The sharpest change came in the year to August 2023, when income rose by 40%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Millburn Short Fourth of July Committee Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Blackbeards Crew Inc ($77k), Wabe Foundation Inc ($77k) and Hennepin-Overland Railway Historical Society Inc ($77k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.