216 East Washington Boulevard Foundation Inc

Analysis

216 East Washington Boulevard Foundation Inc is a registered charity in United States, based in Columbia City, IN. It received its IRS tax-exemption ruling in July 1993, 33 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 December 2023, 216 East Washington Boulevard Foundation Inc reported income of $57k and spending of $177k, spending 310% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $61k to $57k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 163% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 216 East Washington Boulevard Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include The 369th Experience Inc ($57k), Flax Scutching Festivale ($57k) and Iowa Geographic Information Council ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $2,000 (1.1% of expenses). At year end it held assets of $589k against liabilities of $0, net assets of $589k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.