Cave House Museum of Mining and Geology

Analysis

Cave House Museum of Mining and Geology is a registered charity in United States, based in Howes Cave, NY. It received its IRS tax-exemption ruling in March 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 December 2023, Cave House Museum of Mining and Geology reported income of $94k and spending of $44k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $94k (+296%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 374%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cave House Museum of Mining and Geology sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include TMT Observatory Corporation ($94k), Voices in the Laurel Inc ($94k) and Society of American Magicians Magic Endowment Fund Inc ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $816k against liabilities of $50, net assets of $816k.