Our Town Foundation

Analysis

Our Town Foundation is a registered charity in United States, based in Hamburg, PA. It received its IRS tax-exemption ruling in June 2002, 24 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 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, Our Town Foundation reported income of $713k and spending of $384k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $713k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Our Town Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Project Survival ($713k), Twin City Model Railroad Club Inc ($713k) and Springfield Daily Citizen Inc ($713k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 44% of the total. Other salaries and wages came to $115k. At year end it held assets of $1.3m against liabilities of $94k, net assets of $1.2m. It reported 5 employees.