Heritage Association of Greater Dundalk Inc

Analysis

Heritage Association of Greater Dundalk Inc is a registered charity in United States, based in Dundalk, MD. It received its IRS tax-exemption ruling in June 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Heritage Association of Greater Dundalk Inc reported income of $178k and spending of $184k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $179k to $178k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to September 2021, when income rose by 1897%. 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, Heritage Association of Greater Dundalk Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Amazon Research Center Inc ($178k), South Bend Youth Symphony Orchestras Inc ($178k) and Cooperstown Chamber Music Festival Inc ($178k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $3,473 against liabilities of $0, net assets of $3,473.