Cass County Carousel Inc

Analysis

Cass County Carousel Inc is a registered charity in United States, based in Logansport, IN. It received its IRS tax-exemption ruling in April 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Cass County Carousel Inc reported income of $110k and spending of $99k, spending 90% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $96k to $110k (+15%), an average of +2.8% a year. The sharpest change came in the year to May 2024, when income rose by 51%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cass County Carousel Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Gem State Rodeo Association Inc ($110k), Amarillo Thunder Baseball Club ($110k) and Colorado Gay Volleyball Association Inc ($110k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 31% and program service revenue 27% of the total. Other salaries and wages came to $30k. At year end it held assets of $619k against liabilities of $334, net assets of $618k. It reported 20 employees.