Prescott Western Heritage Foundation Inc

Analysis

Prescott Western Heritage Foundation Inc is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Prescott Western Heritage Foundation Inc reported income of $139k and spending of $124k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $190k to $139k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Prescott Western Heritage Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within AZ. Charities of a similar size with the same main cause include Village Volunteers ($139k), Bakersfield East Rotary Foundation ($139k) and Aberdeen Exchange BMX ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 5.0% of the total. At year end it held assets of $118k against liabilities of $22k, net assets of $95k.