Redlands 4th of July Committee Inc

Analysis

Redlands 4th of July Committee Inc is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in March 2022, 4 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 October 2023, Redlands 4th of July Committee Inc reported income of $93k and spending of $79k, spending 84% of its income. Across the 3 years on record, from October 2021 to October 2023, income grew from $86k to $93k (+8.4%), an average of +4.1% a year. The sharpest change came in the year to October 2022, when income rose by 42%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Redlands 4th of July Committee Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Arts Collaborative Medford Inc ($93k), Portland Radio Project ($93k) and Trilogy an Opera Company ($93k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.