Chicamacomico Historical Association Inc

Analysis

Chicamacomico Historical Association Inc is a registered charity in United States, based in Rodanthe, NC. It received its IRS tax-exemption ruling in February 1975, 51 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, Chicamacomico Historical Association Inc reported income of $189k and spending of $196k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $189k (+251%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 199%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicamacomico Historical Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Volunteers of America Inc ($189k), Chattahoochee Valley Episcopal Ministry Inc ($189k) and Burma-America Buddhist Association ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 22% of the total. Other salaries and wages came to $55k. At year end it held assets of $1.4m against liabilities of $7,114, net assets of $1.4m. It reported 2 employees.