Festiv-All Charleston West Virginia Inc

Analysis

Festiv-All Charleston West Virginia Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Festiv-All Charleston West Virginia Inc reported income of $428k and spending of $380k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $490k to $428k (-13%), an average of -3.4% a year. The sharpest change came in the year to September 2021, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Festiv-All Charleston West Virginia Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WV. Charities of a similar size with the same main cause include Manhattan Beach Youth Basketball Inc ($427k), Noblesville Swim Club ($428k) and Project Golf ($427k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $54k (14% of expenses). Other salaries and wages came to $62k. At year end it held assets of $450k against liabilities of $36k, net assets of $415k. It reported 3 employees.