Historic Poole Forge Inc

Analysis

Historic Poole Forge Inc is a registered charity in United States, based in Narvon, PA. It received its IRS tax-exemption ruling in July 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 Poole Forge Inc reported income of $63k and spending of $65k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $222k to $63k (-72%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 100% 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 Poole Forge Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Rogue Theater Incorporated ($63k), Troy Enthusiastic Music Parent Organization Inc ($63k) and Kiowa County Historical Society Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $41k (63% of expenses). At year end it held assets of $56k against liabilities of $0, net assets of $56k. It reported 1 employees.