Ogallala Quilters Society

Analysis

Ogallala Quilters Society is a registered charity in United States, based in Dimmitt, TX. It received its IRS tax-exemption ruling in September 2018, 8 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 May 2024, Ogallala Quilters Society reported income of $63k and spending of $60k, spending 96% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $63k to $63k (+0.2%), an average of +0.2% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ogallala Quilters Society sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Central Ohio Youth Ballet ($63k), Puppetry Arts Institute ($63k) and Star Spangled Spectacular ($63k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 10% and program service revenue 72% of the total. At year end it held assets of $98k against liabilities of $5,405, net assets of $93k.