Knauss Homestead Preservation Society

Analysis

Knauss Homestead Preservation Society is a registered charity in United States, based in Emmaus, PA. It received its IRS tax-exemption ruling in March 1994, 32 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, Knauss Homestead Preservation Society reported income of $146k and spending of $136k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $281k to $146k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Knauss Homestead Preservation Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Museum of Ashe County History Inc ($146k), New Philharmonia Orchestra of Massachusetts Inc ($146k) and Thrive-Wise ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 3.6% of the total. At year end it held assets of $301k against liabilities of $3,929, net assets of $297k.