Vallejo Waterfront Weekend Inc

Analysis

Vallejo Waterfront Weekend Inc is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Vallejo Waterfront Weekend Inc reported income of $78k and spending of $54k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $78k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vallejo Waterfront Weekend 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 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Association of Program Directors in Surgery ($78k), Christian Outreach Inc ($78k) and PTA New York Congress ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.