Raven Hill Discovery Center

Analysis

Raven Hill Discovery Center is a registered charity in United States, based in East Jordan, MI. It received its IRS tax-exemption ruling in July 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Raven Hill Discovery Center reported income of $386k and spending of $158k, leaving 59% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $182k to $386k (+112%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 104%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Raven Hill Discovery Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Dance Arts Los Alamos ($386k), Ships of Exploration and Discovery Research ($386k) and The American Experience Foundation Inc ($386k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $25k (16% of expenses). Other salaries and wages came to $20k. At year end it held assets of $1.2m against liabilities of $267k, net assets of $952k. It reported 8 employees.