Garagiste Events Inc

Analysis

Garagiste Events Inc is a registered charity in United States, based in Templeton, CA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Garagiste Events Inc reported income of $259k and spending of $284k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $259k (+8.9%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garagiste Events Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Leadingage Florida Education Foundation Inc ($259k), Corps of Engineers Naturalresources Education Foundation ($259k) and Haven Health Clinic of Rome Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $53k (19% of expenses). At year end it held assets of -$7,087 against liabilities of $20k, net assets of -$27k. It reported 2 employees.