Croatiafest

Analysis

Croatiafest is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Croatiafest reported income of $53k and spending of $72k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $53k (+11%), an average of +11% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Croatiafest sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 15th percentile within WA. Charities of a similar size with the same main cause include As220 Real Estate Support Corp ($53k), Open Insulin Foundation ($53k) and Makery of Central Pennsylvania ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.