Catonsville 4th of July Committee Inc

Analysis

Catonsville 4th of July Committee Inc is a registered charity in United States, based in Catonsville, MD. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Catonsville 4th of July Committee Inc reported income of $102k and spending of $104k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $102k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Catonsville 4th of July Committee Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Historic Elitch Gardens Theatre Foundation ($102k), Founders Benefactors Supervisors & Friends of Frying Pan FRM Park Inc ($102k) and San Luis Obispo Vocal Arts Ensemble ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.