Leroy Heritage Museum Inc

Analysis

Leroy Heritage Museum Inc is a registered charity in United States, based in Canton, PA. It received its IRS tax-exemption ruling in January 2006, 20 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 2023, Leroy Heritage Museum Inc reported income of $60k and spending of $67k, spending 112% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $49k to $60k (+23%), an average of +23% a year. The sharpest change came in the year to September 2023, when income rose by 23%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Leroy Heritage Museum Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Buckeye Lake Fourth of July Assoc Inc ($60k), Continuum Culture & Arts Inc ($60k) and Shades Dance Theater Inc ($60k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $457k against liabilities of $5,038, net assets of $452k.