Calfee Community and Cultural Center Inc

Analysis

Calfee Community and Cultural Center Inc is a registered charity in United States, based in Pulaski, VA. It received its IRS tax-exemption ruling in March 2020, 6 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, Calfee Community and Cultural Center Inc reported income of $890k and spending of $151k, leaving 83% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $310k to $890k (+187%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Calfee Community and Cultural Center Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Mabou Mines Development Foundation Inc ($890k), Common Chord ($890k) and Beyond Booking Inc ($890k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. It paid $7,699 in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $255k, net assets of $1.3m.