Italian American Heritage Club of Hunterdon County Foundation Inc

Analysis

Italian American Heritage Club of Hunterdon County Foundation Inc is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in December 2004, 22 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, Italian American Heritage Club of Hunterdon County Foundation Inc reported income of $86k and spending of $76k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $86k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Italian American Heritage Club of Hunterdon County Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Brices Crossroads National Battlefield Commission Inc ($86k), Cornerstone Studios Limited ($86k) and Traditions Unlimited Ltd ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.