Belpre Homecoming Festival

Analysis

Belpre Homecoming Festival is a registered charity in United States, based in Belpre, OH. It received its IRS tax-exemption ruling in November 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Belpre Homecoming Festival reported income of $88k and spending of $94k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $88k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Belpre Homecoming Festival sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Invest Michigan ($88k), North American Truffle Growers Association ($88k) and N C Minoritywomen Business Enterprise Coordinators Network ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.