Covered Bridge Players

Analysis

Covered Bridge Players is a registered charity in United States, based in Oneonta, AL. It received its IRS tax-exemption ruling in August 2014, 12 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 2024, Covered Bridge Players reported income of $62k and spending of $55k, spending 88% of its income. Across the 3 years on record, from April 2023 to June 2024, income grew from $62k to $62k (+0.7%), an average of +0.3% a year. The sharpest change came in the year to June 2024, when income rose by 1159%. 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, Covered Bridge Players sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Great Neck Chinese Association Inc ($62k), Instrumental Music Patrons of Cuyahoga Falls Ohio ($62k) and Western Pennsylvania Genealogical Society ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.1% and program service revenue 89% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.