Foscue Plantation House Restoration

Analysis

Foscue Plantation House Restoration is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in August 1973, 53 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foscue Plantation House Restoration reported income of $137k and spending of $122k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $137k (+85%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foscue Plantation House Restoration 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 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Ohev Israel Foundation Inc ($137k), National Museum and Center for Service ($137k) and Greyhound Hall of Fame Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 2.5% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.