Chasco Fiesta Inc

Analysis

Chasco Fiesta Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in November 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chasco Fiesta Inc reported income of $413k and spending of $372k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $281k to $413k (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 3464%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chasco Fiesta Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Downtown Springfield Community Cinema Inc ($413k), Marquee Youth Stage ($413k) and Art House Astoria Conservatory for Music and Art Incorporated ($413k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.