Remsen Barn Festival Inc

Analysis

Remsen Barn Festival Inc is a registered charity in United States, based in Remsen, NY. It received its IRS tax-exemption ruling in May 2014, 12 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 April 2024, Remsen Barn Festival Inc reported income of $130k and spending of $59k, leaving 55% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $61k to $130k (+115%), an average of +115% a year. The sharpest change came in the year to April 2024, when income rose by 115%. Over the whole period it spent 63% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Remsen Barn Festival Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Enid Soccer Club Inc ($130k), Boxing Resource Center ($130k) and Randonneurs USA Inc ($130k).

On its Form 990-EZ for the period ending April 2024, revenue came from program service revenue 101% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.