Friends of the Colonel Benjamin Stephenson House

Analysis

Friends of the Colonel Benjamin Stephenson House is a registered charity in United States, based in Edwardsville, IL. It received its IRS tax-exemption ruling in June 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Colonel Benjamin Stephenson House reported income of $68k and spending of $69k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $93k to $68k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Colonel Benjamin Stephenson House sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Kingfield Pops ($68k), Wonderfest ($68k) and Society for Industrial Archeology ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $41k (60% of expenses). At year end it held assets of $340k against liabilities of $90, net assets of $340k. It reported 1 employees.