Demuth Foundation

Analysis

Demuth Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in May 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 2024, Demuth Foundation reported income of $674k and spending of $547k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $550k to $674k (+22%), an average of +4.1% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Demuth Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Creative Aging Memphis ($673k), Connecticut Radio Fellowship Incorporated ($674k) and Manhattan Arts Center Inc ($673k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $78k (14% of expenses). Other salaries and wages came to $145k. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m. It reported 14 employees.