Stockton Heritage Association Inc

Analysis

Stockton Heritage Association Inc is a registered charity in United States, based in Stockton, AL. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Stockton Heritage Association Inc reported income of $122k and spending of $16k, leaving 87% of income unspent that year. Across the 6 years on record, from December 2016 to December 2023, income grew from $26k to $122k (+361%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 1253%. Over the whole period it spent 43% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stockton Heritage Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Kiwanis Doernbecher Children Cancer Program KDCCP ($122k), CR Works Inc ($122k) and Greater Northwest Chicago Development Corporation ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $413k against liabilities of $0, net assets of $413k.