Delaware Canal 21

Analysis

Delaware Canal 21 is a registered charity in United States, based in Pt Pleasant, PA. It received its IRS tax-exemption ruling in October 2000, 26 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, Delaware Canal 21 reported income of $56k and spending of $96k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $241k to $56k (-77%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Canal 21 sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Vocal Pride Foundation ($56k), Greater Denver Area Gem and Mineral Council ($56k) and Nappanee Arts Council Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.