Lakeland Pigfest Inc

Analysis

Lakeland Pigfest Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Lakeland Pigfest Inc reported income of $270k and spending of $364k, spending 135% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $171k to $270k (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lakeland Pigfest Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include C P Center Foundation of Orange County Inc ($269k), Dreamzilla Inc ($270k) and Annas Celebration of Life Foundation Inc ($269k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 107% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.