Beaufort Pirate Invasion Inc

Analysis

Beaufort Pirate Invasion Inc is a registered charity in United States, based in Beaufort, NC. It received its IRS tax-exemption ruling in June 2017, 9 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, Beaufort Pirate Invasion Inc reported income of $57k and spending of $69k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $57k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beaufort Pirate Invasion Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Council on Accreditation of Strength and Conditioning Educatio ($56k), Port Summer Show ($57k) and Body Weather Laboratory ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,656 against liabilities of $4,007, net assets of $4,649.