Fed of State Humanities Councils
Analysis
Fed of State Humanities Councils is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 1980, 46 years ago. 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, Fed of State Humanities Councils reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $1.6m (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 64%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fed of State Humanities Councils sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Haverford Township Free Library Assn ($1.6m), Jeannette Rankin Foundation Inc ($1.6m) and Sarah Frye Home ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $184k (11% of expenses). Other salaries and wages came to $437k. At year end it held assets of $1.8m against liabilities of $943k, net assets of $884k. It reported 11 employees.
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.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 18%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Haverford Township Free Library Assn | Havertown | $1.6m |
| Jeannette Rankin Foundation Inc | Athens | $1.6m |
| Sarah Frye Home | Lewiston | $1.6m |
| Palmetto State Growth Fund Inc | Columbia | $1.6m |