Helen L Fox Gospel Music Center

Analysis

Helen L Fox Gospel Music Center is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in November 2013, 13 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 December 2023, Helen L Fox Gospel Music Center reported income of $115k and spending of $96k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $115k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Helen L Fox Gospel Music Center sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Maine Project for Fine Art Conservation ($115k), West Indian Foundation Inc ($115k) and Regional Organization of Oaxaca ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $112k against liabilities of $1,122, net assets of $111k.