Second Stage - Amherst Inc

Analysis

Second Stage - Amherst Inc is a registered charity in United States, based in Amherst, VA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Second Stage - Amherst Inc reported income of $142k and spending of $160k, spending 112% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $74k to $142k (+92%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Second Stage - Amherst Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Baldwin County Youth Orchestra Inc ($142k), Henderson Symphony Orchestra ($142k) and Augustoberfest Charitable Foundation Inc ($142k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 22% of the total. At year end it held assets of $142k against liabilities of $50k, net assets of $92k.

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.