Historic Fort Wayne Inc

Analysis

Historic Fort Wayne Inc is a registered charity in United States, based in Fort Wayne, IN. 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 December 2023, Historic Fort Wayne Inc reported income of $356k and spending of $37k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $356k (+350%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 1020%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Fort Wayne Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Kona Historical Society ($356k), Armory Theater Fund ($356k) and Oye Group Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.8% of the total. Other salaries and wages came to $7,190. At year end it held assets of $899k against liabilities of $0, net assets of $899k.