Heisey Collectors of America Inc

Analysis

Heisey Collectors of America Inc is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in November 1972, 54 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heisey Collectors of America Inc reported income of $526k and spending of $345k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $477k to $526k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 157%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heisey Collectors of America Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include California Line Dance Association of America ($526k), Campus Theatre Limited ($526k) and West of the Pecos Museum ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 0.6% of the total. Other salaries and wages came to $152k. At year end it held assets of $7.4m against liabilities of $4,656, net assets of $7.4m. It reported 11 employees.