Reston Historic TR

Analysis

Reston Historic TR is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in October 1997, 29 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 (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, Reston Historic TR reported income of $148k and spending of $197k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $151k to $148k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Reston Historic TR sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Isabel Oneil Foundation for the Art of the Painted Finish Inc ($148k), Windfall Dancers Inc ($148k) and Design Alabama Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 21% of the total. Other salaries and wages came to $83k. At year end it held assets of $601k against liabilities of $14k, net assets of $588k. It reported 7 employees.