Historic Staunton Foundation Inc

Analysis

Historic Staunton Foundation Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in November 1972, 54 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 December 2023, Historic Staunton Foundation Inc reported income of $521k and spending of $193k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $521k (+245%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 515%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Staunton Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Options for Justice for Persons with Developmental Disabilities ($521k), Nebraska Coalition Patient Safety ($521k) and Macon County Communications ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $79k (41% of expenses). Other salaries and wages came to $41k. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 3 employees.