Fairfield County Heritage Association

Analysis

Fairfield County Heritage Association is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in January 1964, 62 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fairfield County Heritage Association reported income of $337k and spending of $344k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $337k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fairfield County Heritage Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Sisters in Cinema ($337k), New Orleans Theatre Association Inc ($337k) and Music at Kohl Mansion Inc ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $52k (15% of expenses). Other salaries and wages came to $66k. At year end it held assets of $2.3m against liabilities of $9,753, net assets of $2.3m. It reported 4 employees.