Bodega Bay Fishermans Festival

Analysis

Bodega Bay Fishermans Festival is a registered charity in United States, based in Bodega Bay, CA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bodega Bay Fishermans Festival reported income of $95k and spending of $86k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $105k to $95k (-9.8%), an average of -9.8% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bodega Bay Fishermans Festival sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Hawaii Intergenerational Network ($95k), Valparaiso Area Apprenticeship Advisory Council Inc ($95k) and Nacogdoches County Chamber Foundation Inc ($95k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $185k against liabilities of $4,399, net assets of $181k.