Alleghany Highlands Arts Council

Analysis

Alleghany Highlands Arts Council is a registered charity in United States, based in Covington, VA. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Alleghany Highlands Arts Council reported income of $216k and spending of $192k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $96k to $216k (+125%), an average of +50% a year. The sharpest change came in the year to June 2023, when income rose by 137%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alleghany Highlands Arts Council sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Greater Clermont Cancer Foundation Inc ($216k), Okinawa Enlisted Spouses Club ($216k) and The Greenwich Nursery School ($216k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $62k (32% of expenses). At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 1 employees.