Lockport Fall Food Festival Inc

Analysis

Lockport Fall Food Festival Inc is a registered charity in United States, based in Lockport, LA. It received its IRS tax-exemption ruling in May 1999, 27 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, Lockport Fall Food Festival Inc reported income of $56k and spending of $56k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $56k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lockport Fall Food Festival Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within LA. Charities of a similar size with the same main cause include Keystones Oral Histories ($56k), Civil and Environmental Engineering Visiting Council Inc ($56k) and Salute to Cecil County Veterans Inc ($56k).

At year end it held assets of $24k against liabilities of $0, net assets of $24k.