1852 Foundation Inc

Analysis

1852 Foundation Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in July 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 April 2023, 1852 Foundation Inc reported income of $415k and spending of $106k, leaving 74% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income grew from $405k to $415k (+2.4%), an average of +0.8% a year. The sharpest change came in the year to April 2023, when income rose by 86%. Over the whole period it spent 35% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 1852 Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Coalition for Academic Scientific Computation Inc ($414k), Johns Creek Symphony Orchestra Inc ($415k) and Association for the Preservation of the Presidential Yacht Potomac ($414k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.