SRS Heritage Foundation Inc

Analysis

SRS Heritage Foundation Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in May 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 December 2023, SRS Heritage Foundation Inc reported income of $138k and spending of $76k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $160k to $138k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, SRS Heritage Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Irmanade Santissema Trinidad Watsonville ($138k), The Lancaster Performing Arts Center Foundation ($138k) and Crossing Borders Music Collective ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $998k against liabilities of $0, net assets of $998k.