Fiesta United Inc

Analysis

Fiesta United Inc is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in January 2022, 4 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 2023, Fiesta United Inc reported income of $67k and spending of $62k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $57k to $67k (+17%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 1027%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fiesta United Inc 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 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Gallery at the Vault Incorporated ($67k), Society for the Preservation of Entertainment History ($67k) and Amherst Male Glee Club Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $11k against liabilities of $3,043, net assets of $8,112.