Historic Forks of the Wabash Inc

Analysis

Historic Forks of the Wabash Inc is a registered charity in United States, based in Huntington, IN. It received its IRS tax-exemption ruling in December 1987, 39 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, Historic Forks of the Wabash Inc reported income of $148k and spending of $120k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $148k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Forks of the Wabash Inc 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 45th percentile within IN. Charities of a similar size with the same main cause include Chesterfield Historical Society Inc ($148k), Dan Quayle Commemorative Foundation Inc ($148k) and Del Vaz Projects Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 12% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.2m against liabilities of $3,886, net assets of $1.2m. It reported 5 employees.