Heart of Catskill Association Inc

Analysis

Heart of Catskill Association Inc is a registered charity in United States, based in Catskill, NY. It received its IRS tax-exemption ruling in November 2024, 2 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heart of Catskill Association Inc reported income of $143k and spending of $162k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $143k (+11%), an average of +11% a year. 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, Heart of Catskill Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Little Eagle Arts Foundation ($143k), Betti Ono Foundation ($143k) and Wallowa History Center Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.