Forest Hills Historical Foundation Inc

Analysis

Forest Hills Historical Foundation Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in August 2014, 12 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, Forest Hills Historical Foundation Inc reported income of $177k and spending of $203k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $177k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Forest Hills Historical Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Make Shift ($177k), Jazz Arts Project Inc ($177k) and Project Fibonacci Foundation Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.