Morgan County Fall Foliage Festival Inc

Analysis

Morgan County Fall Foliage Festival Inc is a registered charity in United States, based in Martinsville, IN. It received its IRS tax-exemption ruling in December 2004, 22 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 (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, Morgan County Fall Foliage Festival Inc reported income of $75k and spending of $71k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $75k (-0.8%), an average of -0.8% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morgan County Fall Foliage Festival Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Texas Gulf Coast Figure Skating Club ($75k), Penn Manor Junior Football Association ($75k) and Quantico Orienteering Club Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.