The Waccamaw Arts and Crafts Guild Inc

Analysis

The Waccamaw Arts and Crafts Guild Inc is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in February 1984, 42 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, The Waccamaw Arts and Crafts Guild Inc reported income of $63k and spending of $57k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $63k (-6.8%), an average of -6.8% 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, The Waccamaw Arts and Crafts Guild Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Northview Education Foundation ($63k), Small Museum Association Inc ($63k) and Sioux Falls Roosevelt High School Bands Parents Association Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 63% of the total. At year end it held assets of $139k against liabilities of $26k, net assets of $113k.