The Ragged Edge Community Theater Inc

Analysis

The Ragged Edge Community Theater Inc is a registered charity in United States, based in Harrodsburg, KY. It received its IRS tax-exemption ruling in January 1984, 42 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 June 2024, The Ragged Edge Community Theater Inc reported income of $85k and spending of $125k, spending 148% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $87k to $85k (-3.0%), an average of -3.0% a year. Over the whole period it spent 141% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Ragged Edge Community Theater Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within KY. Charities of a similar size with the same main cause include Jackson County Historical Society ($84k), Little White Schoolhouse Inc ($85k) and Riverside Museum Associates ($84k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 65% of the total. At year end it held assets of $178k against liabilities of $5,994, net assets of $173k.