Friends of Henn Mansion Inc

Analysis

Friends of Henn Mansion Inc is a registered charity in United States, based in Euclid, OH. It received its IRS tax-exemption ruling in February 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, Friends of Henn Mansion Inc reported income of $50k and spending of $49k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $50k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Henn Mansion Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within OH. Charities of a similar size with the same main cause include Opera New England of Northeastern Conn Inc ($50k), Alpharetta Historical Society Inc ($50k) and Kirby-Hill House Educational Foundation Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.