Delaware Agricultural Museum Association

Analysis

Delaware Agricultural Museum Association is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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 June 2024, Delaware Agricultural Museum Association reported income of $1.3m and spending of $640k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $503k to $1.3m (+155%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 313%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware Agricultural Museum Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within DE. Charities of a similar size with the same main cause include Edwin Gould Services for Children and Families ($1.3m), Optimum Learning Environments Charter School ($1.3m) and Greater Tucson Lions Senior Citizens Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 2.8% of the total. Other salaries and wages came to $266k. At year end it held assets of $5.9m against liabilities of $65k, net assets of $5.9m. It reported 12 employees.