Halifax County Little Theater Inc

Analysis

Halifax County Little Theater Inc is a registered charity in United States, based in South Boston, VA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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, Halifax County Little Theater Inc reported income of $113k and spending of $104k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $113k (+168%), an average of +168% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Halifax County Little Theater Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Labs for Liberty ($113k), Texas Aggie Band Association ($113k) and PTA Georgia Congress ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $159k against liabilities of $0, net assets of $159k.