West Pasco Business

Analysis

West Pasco Business is a registered charity in United States, based in Trinity, FL. It received its IRS tax-exemption ruling in May 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Pasco Business reported income of $79k and spending of $63k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $486k to $79k (-84%), an average of -60% a year. The sharpest change came in the year to December 2022, when income dropped by 83%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Pasco Business sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Westside Cultural Alliance ($79k), Warren Symphony Society Inc ($79k) and Lansing Area Folksong Society ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 177% of the total. At year end it held assets of $46k against liabilities of $12k, net assets of $34k.