Fathoms O Fun Festival Inc

Analysis

Fathoms O Fun Festival Inc is a registered charity in United States, based in Port Orchard, WA. It received its IRS tax-exemption ruling in May 2025. 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 September 2023, Fathoms O Fun Festival Inc reported income of $89k and spending of $81k, spending 91% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $87k to $89k (+2.2%), an average of +2.2% a year. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fathoms O Fun Festival Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Tiptonville Main Street ($89k), Shomrim of Baltimore Inc ($89k) and Community Coalition of South Dade Inc ($89k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 7.1% and program service revenue 89% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.