Cave City Watermelon Festival

Analysis

Cave City Watermelon Festival is a registered charity in United States, based in Cave City, AR. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cave City Watermelon Festival reported income of $92k and spending of $93k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $92k (+9.4%), an average of +9.4% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cave City Watermelon Festival sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within AR. Charities of a similar size with the same main cause include Cosecha Aquaponics ($92k), Adulthood Transition Center ($92k) and Michigan State Troopers Assistance Fund ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.