Rich Hill 4th of July Committee

Analysis

Rich Hill 4th of July Committee is a registered charity in United States, based in Rich Hill, MO. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Rich Hill 4th of July Committee reported income of $123k and spending of $82k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $123k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rich Hill 4th of July Committee sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Carlisle County Senior Citizens Inc ($123k), Spiritual Exercises in Everyday Life ($123k) and Truth Light & Life Ministries ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 0.9% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.