Danville Harvest Jubilee Inc

Analysis

Danville Harvest Jubilee Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in July 2010, 16 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, Danville Harvest Jubilee Inc reported income of $576k and spending of $629k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $588k to $576k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 455%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Danville Harvest Jubilee Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Artsup LA ($576k), Dezart Performs ($576k) and Korean American Grassroots Conference Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.