Smyrna-Clayton Heritage Association

Analysis

Smyrna-Clayton Heritage Association is a registered charity in United States, based in Smyrna, DE. It received its IRS tax-exemption ruling in July 1995, 31 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 June 2024, Smyrna-Clayton Heritage Association reported income of $477k and spending of $598k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $282k to $477k (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 209%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Smyrna-Clayton Heritage Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 64th percentile within DE. Charities of a similar size with the same main cause include Providence School of Arts Inc ($477k), Masonic Theatre Preservation Foundation ($477k) and Mpeg Access Inc ($477k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $60k (10% of expenses). Other salaries and wages came to $56k. At year end it held assets of $2.6m against liabilities of $44k, net assets of $2.5m. It reported 3 employees.