Fort Smith Heritage Foundation Inc

Analysis

Fort Smith Heritage Foundation Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in December 1970, 56 years ago. 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 2023, Fort Smith Heritage Foundation Inc reported income of $169k and spending of $151k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $129k to $169k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 156%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Smith Heritage Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within AR. Charities of a similar size with the same main cause include Ellensburg Area Swim Team ($169k), Great Falls Preservation & Development Corp ($169k) and Cranford Jaycees Foundation Inc ($169k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Other salaries and wages came to $31k. At year end it held assets of $635k against liabilities of $7,000, net assets of $628k. It reported 3 employees.