Pennsylvania Heritage Foundation

Analysis

Pennsylvania Heritage Foundation is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in July 1983, 43 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 June 2023, Pennsylvania Heritage Foundation reported income of $270k and spending of $290k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $471k to $270k (-43%), an average of -13% a year. The sharpest change came in the year to June 2022, when income rose by 119%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pennsylvania Heritage Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include South Side Suzuki Cooperative ($270k), Choral Masterworks Festival Inc ($270k) and Swan Scaling Walls a Note at a Time ($270k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Other salaries and wages came to $128k. At year end it held assets of $787k against liabilities of $0, net assets of $787k. It reported 2 employees.