Carnival Association of Long Beach Inc

Analysis

Carnival Association of Long Beach Inc is a registered charity in United States, based in Long Beach, MS. It received its IRS tax-exemption ruling in May 2024, 2 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2022, Carnival Association of Long Beach Inc reported income of $100k and spending of $46k, leaving 54% of income unspent that year. Across the 2 years on record, from April 2019 to April 2022, income grew from $94k to $100k (+7.4%), an average of +7.4% a year. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Carnival Association of Long Beach Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MS. Charities of a similar size with the same main cause include St Bernard Parish Juvenile Drug Court Inc ($100k), Town of Medley Foundation Inc ($100k) and First Presbyterian Church of Bay City Foundation ($100k).

On its Form 990-EZ for the period ending April 2022, revenue came from program service revenue 75% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.