Clan Munro Association USA Inc

Analysis

Clan Munro Association USA Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in March 1992, 34 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, Clan Munro Association USA Inc reported income of $82k and spending of $73k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $41k to $82k (+101%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clan Munro Association USA Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Greater Derry Arts Council ($82k), Alternative Theater Ensemble ($82k) and Sulphur Springs Museum ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $299k against liabilities of $0, net assets of $299k.