Historic Fallsington Incorporated

Analysis

Historic Fallsington Incorporated is a registered charity in United States, based in Fallsington, PA. It received its IRS tax-exemption ruling in July 1958, 68 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 Fallsington Incorporated reported income of $186k and spending of $211k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $186k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 97% 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 Fallsington Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include News Foundation of Greater Fayetteville ($186k), Avon Hills Folk School ($186k) and Maker Park Radio Incorporated ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 63% of the total. Other salaries and wages came to $61k. At year end it held assets of $880k against liabilities of $27k, net assets of $853k. It reported 2 employees.