Experience Old Town Warrenton Inc

Analysis

Experience Old Town Warrenton Inc is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in July 2017, 9 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, Experience Old Town Warrenton Inc reported income of $178k and spending of $192k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $178k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Experience Old Town Warrenton Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Jesus Team Minsistries Inc ($178k), Hispanic Chamber of Commerce of Louisiana Foundation ($178k) and Healthy Caregiver Foundation ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $52k against liabilities of $2,704, net assets of $49k.