Elmhurst Heritage Foundation

Analysis

Elmhurst Heritage Foundation is a registered charity in United States, based in Elmhurst, IL. It received its IRS tax-exemption ruling in November 1994, 32 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elmhurst Heritage Foundation reported income of $329k and spending of $244k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $329k (+135%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elmhurst Heritage Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Territory NFP ($329k), North Carolina Pottery Museum Inc ($329k) and Chestnut Creek School of the Arts ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 13% of the total. At year end it held assets of $1.8m against liabilities of $1, net assets of $1.8m.