Gar Post 25 Inc

Analysis

Gar Post 25 Inc is a registered charity in United States, based in Chestertown, MD. It received its IRS tax-exemption ruling in February 2012, 14 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, Gar Post 25 Inc reported income of $66k and spending of $94k, spending 142% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $214k to $66k (-69%), an average of -44% a year. The sharpest change came in the year to June 2022, when income dropped by 60%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gar Post 25 Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Safford Downtown Association Inc ($66k), West Side Show Room ($66k) and International Visual Sociology Association Inc ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 205% and program service revenue 0.8% of the total. At year end it held assets of $436k against liabilities of $1,420, net assets of $434k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.