Amherst Glebe Arts Response Inc

Analysis

Amherst Glebe Arts Response Inc is a registered charity in United States, based in Amherst, VA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Amherst Glebe Arts Response Inc reported income of $76k and spending of $75k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $53k to $76k (+43%), an average of +43% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amherst Glebe Arts Response 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 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Americans for the Arts Foundationinc ($76k), Valley Art Association ($76k) and German-American Scholarship Association Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $6,485 against liabilities of $1,694, net assets of $4,791.