Empire Area Heritage Group

Analysis

Empire Area Heritage Group is a registered charity in United States, based in Empire, MI. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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, Empire Area Heritage Group reported income of $303k and spending of $13k, leaving 96% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $303k (+992%), an average of +992% a year. The sharpest change came in the year to December 2023, when income rose by 992%. Over the whole period it spent 8.8% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Empire Area Heritage Group sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Concord Rotary Charitable Endowment Inc ($303k), Hardy Center Inc ($303k) and Bradfield Community Assn ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 1.3% of the total. At year end it held assets of $737k against liabilities of $0, net assets of $737k.