Charitable Events Corporation

Analysis

Charitable Events Corporation is a registered charity in United States, based in Cedar City, UT. It received its IRS tax-exemption ruling in November 2016, 10 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 December 2023, Charitable Events Corporation reported income of $774k and spending of $749k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $476k to $774k (+63%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charitable Events Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within UT. Charities of a similar size with the same main cause include The Woodlands High School Band Booster Club ($774k), Retired & Senior Volunteer Program of Ingham Eaton & Clinton Co ($775k) and The Swifty Foundation ($774k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $103k against liabilities of $1,787, net assets of $102k.