Lake Murray Fireworks and Events Inc

Analysis

Lake Murray Fireworks and Events Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lake Murray Fireworks and Events Inc reported income of $98k and spending of $110k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $98k (+6.3%), an average of +6.3% a year. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lake Murray Fireworks and Events Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Every Vote Counts Inc ($98k), Rotary Club of Covington Foundation ($98k) and Lane County Community Foundation ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.