Olde Hickory Mill Park

Analysis

Olde Hickory Mill Park is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Olde Hickory Mill Park reported income of $272k and spending of $204k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $272k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 144% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Olde Hickory Mill Park sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Friends of Scotchman Peaks Wilderness Inc ($272k), Calusa Waterkeeper Inc ($272k) and Valley Advocates for Responsible Development Inc ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 39% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.