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The Newnan Coweta Historical Society Inc Permanent Endowment

Registered · see notesEIN 35-6938445Newnan, GAArts, culture, heritage and science
Income$145k2023-12
Spending$151ksame year
Spent / received158%5-year average
Size in its cause52nd pctArts, culture, heritage and science
Exempt since2014Supporting organisation (typ
Employees0latest return

Analysis

The Newnan Coweta Historical Society Inc Permanent Endowment is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in September 2014, 12 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Newnan Coweta Historical Society Inc Permanent Endowment reported income of $145k and spending of $151k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $145k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 285%. Over the whole period it spent 158% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Newnan Coweta Historical Society Inc Permanent Endowment 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 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Harambee Centre Inc ($145k), No Limits Dance Foundation ($145k) and Southern Agricultural Economics Association ($145k).

At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.

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

$0$50k$99k$149k$198k2019 Income: $114,8652019 Spending: $187,55220192020 Income: $46,5162020 Spending: $169,35020202021 Income: $178,9182021 Spending: $198,02320212022 Income: $82,2932022 Spending: $190,68020222023 Income: $145,1402023 Spending: $150,7302023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Harambee Centre IncPortland$145k
No Limits Dance FoundationRoswell$145k
Southern Agricultural Economics AssociationGriffin$145k
Bit Community Center IncBaltimore$145k