Historic Bellefonte Inc

Analysis

Historic Bellefonte Inc is a registered charity in United States, based in Bellefonte, PA. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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, Historic Bellefonte Inc reported income of $171k and spending of $152k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $241k to $171k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2020, when income dropped by 65%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Bellefonte Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Sanilac County Historical Society ($171k), Harvest Fair Assn of Sonoma Co 1350 Bennett Ave ($171k) and United Community Concerns Association ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 26% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.