Honey Run Covered Bridge Assn Inc

Analysis

Honey Run Covered Bridge Assn Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, Honey Run Covered Bridge Assn Inc reported income of $2.2m and spending of $150k, leaving 93% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $201k to $2.2m (+1004%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 1128%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honey Run Covered Bridge Assn Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include University of Wisconsin LA Crosse Foundation Inc ($2.2m), Southern California Association of Non-Profit Housing Inc ($2.2m) and Norman Youth Soccer Association Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Other salaries and wages came to $32k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 1 employees.