Buckeye Lake Fourth of July Assoc Inc

Analysis

Buckeye Lake Fourth of July Assoc Inc is a registered charity in United States, based in Buckeye Lake, OH. It received its IRS tax-exemption ruling in August 2003, 23 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 (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 2022, Buckeye Lake Fourth of July Assoc Inc reported income of $60k and spending of $56k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $62k to $60k (-3.0%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 179%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Buckeye Lake Fourth of July Assoc Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Shades Dance Theater Inc ($60k), Leroy Heritage Museum Inc ($60k) and Marlboro School of Music Inc ($60k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 105% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.