Iola Old Car Show Inc

Analysis

Iola Old Car Show Inc is a registered charity in United States, based in Iola, WI. It received its IRS tax-exemption ruling in August 1985, 41 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 December 2023, Iola Old Car Show Inc reported income of $954k and spending of $884k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $954k (+220%), an average of +34% a year. The sharpest change came in the year to December 2020, when income dropped by 134%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iola Old Car Show Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include St Jude Hockey Club ($954k), FC Peoria ($955k) and Brothers Working Together ($954k).

Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $483k. At year end it held assets of $3.9m against liabilities of $704k, net assets of $3.2m. It reported 27 employees.