Heliotrope Foundation

Analysis

Heliotrope Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2015, 11 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, Heliotrope Foundation reported income of $111k and spending of $226k, spending 204% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $137k to $111k (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heliotrope Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Big Bend Arts Council ($111k), American Showcase Theatre Co Inc ($111k) and All American Girls Professional Baseball League Players Associatio ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $33k against liabilities of $3,161, net assets of $30k.