Raritan River Concerts Inc

Analysis

Raritan River Concerts Inc is a registered charity in United States, based in Phillipsburg, NJ. It received its IRS tax-exemption ruling in October 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Raritan River Concerts Inc reported income of $82k and spending of $87k, spending 106% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income grew from $82k to $82k (+0.3%), an average of +0.1% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Raritan River Concerts Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Bird Island Cultural Centre ($82k), Noemi Press ($82k) and Elk Rapids Harbor Days Association ($82k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.