Perquimans County Restoration Association Inc

Analysis

Perquimans County Restoration Association Inc is a registered charity in United States, based in Hertford, NC. It received its IRS tax-exemption ruling in September 1971, 55 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, Perquimans County Restoration Association Inc reported income of $89k and spending of $91k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $89k (-10%), an average of -10% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Perquimans County Restoration Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Concert Singers of Cary ($89k), Colorado Quilting Council ($89k) and Columbia Club Foundation Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 4.9% of the total. At year end it held assets of $613k against liabilities of $3,050, net assets of $610k.