Hancock-French Woods Arts Alliance Inc

Analysis

Hancock-French Woods Arts Alliance Inc is a registered charity in United States, based in Hancock, NY. It received its IRS tax-exemption ruling in March 2005, 21 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 January 2024, Hancock-French Woods Arts Alliance Inc reported income of $122k and spending of $63k, leaving 48% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income fell from $136k to $122k (-10%), an average of -10% a year. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hancock-French Woods Arts Alliance Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Tenderfoot Transmitting Inc ($122k), Collierville Arts Council Inc ($122k) and Academy of Music Performance Inc ($122k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $286k against liabilities of $0, net assets of $286k.