Krewe of Amalee Inc

Analysis

Krewe of Amalee Inc is a registered charity in United States, based in Deland, FL. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2024, Krewe of Amalee Inc reported income of $221k and spending of $213k, spending 97% of its income. Across the 5 years on record, from June 2020 to April 2024, income fell from $229k to $221k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to April 2023, when income rose by 105%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Krewe of Amalee Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include RCM Community Fund Inc ($221k), Rauch Foundation Inc ($221k) and The Blessing Center Inc ($221k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 86% and program service revenue 74% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.