Rancho Mirage Writers Festival

Analysis

Rancho Mirage Writers Festival is a registered charity in United States, based in Rancho Mirage, CA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Rancho Mirage Writers Festival reported income of $2.7m and spending of $2.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.7m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 745%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rancho Mirage Writers Festival sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Lobo Development Corporation ($2.7m), Gan Yeladim of Stamford Inc ($2.7m) and Ccu Endowment Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.3m against liabilities of $442k, net assets of $1.9m.