Indiana Peony Festival Inc

Analysis

Indiana Peony Festival Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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, Indiana Peony Festival Inc reported income of $146k and spending of $146k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $146k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Peony Festival Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Erie County Bar Institute of Law ($146k), Goshen Community Care Inc ($146k) and Robinson Band & Orchestra Parents Organization Ltd ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 47% of the total. At year end it held assets of $1,316 against liabilities of $0, net assets of $1,316.