Farminigton Historical Society Foundation

Analysis

Farminigton Historical Society Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in December 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 September 2024, Farminigton Historical Society Foundation reported income of $249k and spending of $116k, leaving 53% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income grew from $167k to $249k (+50%), an average of +50% a year. The sharpest change came in the year to September 2024, when income rose by 50%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Farminigton Historical Society Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Lombard Historical Society Inc ($249k), Artists Image Resource Inc ($249k) and Gutierrez Wildlife Center ($249k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 76% and program service revenue 15% of the total. At year end it held assets of $568k against liabilities of $0, net assets of $568k.