Huntley Festival Foundation Inc - NFP

Analysis

Huntley Festival Foundation Inc - NFP is a registered charity in United States, based in LK in the HLS, IL. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Huntley Festival Foundation Inc - NFP reported income of $109k and spending of $333k, spending 306% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $24k to $109k (+349%), an average of +112% a year. The sharpest change came in the year to December 2022, when income rose by 251%. Over the whole period it spent 287% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Huntley Festival Foundation Inc - NFP sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Northern New Mexico Air Alliance ($109k), Kings Valley Community Trust ($109k) and Point B Design and Training ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $130k against liabilities of $2,088, net assets of $128k.