Fort Miles Historical Association Inc

Analysis

Fort Miles Historical Association Inc is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in November 2004, 22 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 2023, Fort Miles Historical Association Inc reported income of $159k and spending of $211k, spending 133% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $147k to $159k (+8.3%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 145%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Miles Historical Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 43rd percentile within DE. Charities of a similar size with the same main cause include Steamboat Era Museum ($159k), Revival Theatre Company ($159k) and Inland Valley Symphony ($159k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 5.2% of the total. At year end it held assets of $636k against liabilities of $0, net assets of $636k.