Farmer City Heritage Days Inc

Analysis

Farmer City Heritage Days Inc is a registered charity in United States, based in Farmer City, IL. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Farmer City Heritage Days Inc reported income of $91k and spending of $74k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $59k to $91k (+55%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Farmer City Heritage Days 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 34th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Roso Soccer Club ($91k), Changs School of Martial Arts ($91k) and Hot Springs Soccer Association Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.