Historic Yellow Springs Inc

Analysis

Historic Yellow Springs Inc is a registered charity in United States, based in Chester SPRGS, PA. It received its IRS tax-exemption ruling in November 1973, 53 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 Yellow Springs Inc reported income of $1.0m and spending of $898k, spending 86% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $487k to $1.0m (+115%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 92% 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 Yellow Springs Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Womens Media Center ($1.0m), Chicago Torture Justice Memorials Foundation ($1.0m) and Pacific Jazz Orchestra ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $80k (8.9% of expenses). Other salaries and wages came to $200k. At year end it held assets of $2.3m against liabilities of $830k, net assets of $1.5m. It reported 11 employees.