Rehoboth Beach Film Society

Analysis

Rehoboth Beach Film Society is a registered charity in United States, based in Rehoboth BCH, DE. It received its IRS tax-exemption ruling in August 2000, 26 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 June 2023, Rehoboth Beach Film Society reported income of $416k and spending of $578k, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $678k to $416k (-39%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rehoboth Beach Film Society sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 62nd percentile within DE. Charities of a similar size with the same main cause include Hudson Review Inc ($416k), California Wine Education Foundation ($416k) and Coastside State Parks Association ($416k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 40% of the total. Other salaries and wages came to $220k. At year end it held assets of $1.4m against liabilities of $55k, net assets of $1.3m. It reported 11 employees.