Kettle Creek Festival

Analysis

Kettle Creek Festival is a registered charity in United States, based in Cross Fork, PA. It received its IRS tax-exemption ruling in October 2015, 11 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 December 2023, Kettle Creek Festival reported income of $71k and spending of $70k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $71k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kettle Creek Festival sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include The Crisfield Heritage Foundation Inc ($71k), Sea Friends Incorporated ($71k) and Hunter Creek Historical Foundation ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.