Bel Air Independence Day Committee Incorporated

Analysis

Bel Air Independence Day Committee Incorporated is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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, Bel Air Independence Day Committee Incorporated reported income of $68k and spending of $68k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $68k (+12%), an average of +12% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bel Air Independence Day Committee Incorporated sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Tonys Team Foundation ($68k), PTA California Congress of Parents Teachers & Students Inc ($68k) and Volunteers of America Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.