H C S V Foundation

Analysis

H C S V Foundation is a registered charity in United States, based in Cape May, NJ. It received its IRS tax-exemption ruling in July 1993, 33 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, H C S V Foundation reported income of $910k and spending of $1.0m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $675k to $910k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, H C S V Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include New Performance Traditions ($910k), James and Dorothy Doss Heritage and Culture Center of Parker Count ($910k) and Club Portuguse of Hudson Inc ($909k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 16% of the total. Other salaries and wages came to $424k. At year end it held assets of $4.1m against liabilities of $164k, net assets of $3.9m. It reported 39 employees.