Darien Corn Fest Inc

Analysis

Darien Corn Fest Inc is a registered charity in United States, based in Darien, WI. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Darien Corn Fest Inc reported income of $60k and spending of $33k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $60k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 45% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Darien Corn Fest Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within WI. Charities of a similar size with the same main cause include New California Coalition Foundation ($60k), Community Development Corporation of the Bloomington-Normal Area ($60k) and Syracuse Asbestos Workers Apprentice Fund ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.