Philip Webb Sacred Arts Inc

Analysis

Philip Webb Sacred Arts Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Philip Webb Sacred Arts Inc reported income of $79k and spending of $82k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $79k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Philip Webb Sacred Arts Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within KY. Charities of a similar size with the same main cause include Christians for Environmental Stewardship ($79k), Abundant Life Ministries Inc ($79k) and Garage of Blessings ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $42k against liabilities of $12k, net assets of $30k.