Red White & Blue Collar Festival

Analysis

Red White & Blue Collar Festival is a registered charity in United States, based in Mio, MI. It received its IRS tax-exemption ruling in February 2022, 4 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 (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, Red White & Blue Collar Festival reported income of $55k and spending of $55k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $55k (+5.0%), an average of +5.0% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Red White & Blue Collar Festival sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include Mifflinburg Heritage and Revitali- Zation Assocaition Inc ($55k), Dorchester Improvement Association Inc ($55k) and TPR Foundation ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.