Duluth Fall Festival Inc

Analysis

Duluth Fall Festival Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 November 2023, Duluth Fall Festival Inc reported income of $186k and spending of $187k, spending 100% of its income. Across the 4 years on record, from November 2019 to November 2023, income fell from $186k to $186k (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to November 2023, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Duluth Fall Festival Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Local USA 829 Apprenticeship and Training Fund ($186k), Urban Chamber Community Development Corporation ($186k) and Latin American Rubber Association ($186k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 134% of the total. At year end it held assets of $445k against liabilities of $0, net assets of $445k.