Historic Connersville Inc

Analysis

Historic Connersville Inc is a registered charity in United States, based in Connersville, IN. It received its IRS tax-exemption ruling in December 1965, 61 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 April 2023, Historic Connersville Inc reported income of $58k and spending of $58k, spending 100% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $113k to $58k (-49%), an average of -15% a year. The sharpest change came in the year to April 2021, when income rose by 92%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Connersville 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 23rd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Payne County Child Welfare Advisory Committee Inc ($58k), Illinois Congress of Parents Teachers ($58k) and Society for Preservation & Encourmt of Barbershop Quartet Singing Amer ($58k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 66% and program service revenue 3.8% of the total. At year end it held assets of $773k against liabilities of $0, net assets of $773k.