Comstock Foundation for History and Culture

Analysis

Comstock Foundation for History and Culture is a registered charity in United States, based in Virginia City, NV. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Comstock Foundation for History and Culture reported income of $85k and spending of $83k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $94k to $85k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 148%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Comstock Foundation for History and Culture sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within NV. Charities of a similar size with the same main cause include Georgia Mining Foundation Inc ($85k), Parent Booster USA Inc ($85k) and Klein Support Groups Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $29k (35% of expenses). At year end it held assets of $231k against liabilities of $0, net assets of $231k.