Anacostia Trails Heritage Area Inc

Analysis

Anacostia Trails Heritage Area Inc is a registered charity in United States, based in Hyattsville, MD. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Anacostia Trails Heritage Area Inc reported income of $323k and spending of $382k, spending 118% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $341k to $323k (-5.4%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Anacostia Trails Heritage Area Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Puzzle Piece Pastries Inc ($323k), Downtown de Pere Inc ($323k) and Dubois County Area Development Corporation ($322k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $83k (22% of expenses). Other salaries and wages came to $40k. At year end it held assets of $457k against liabilities of $171k, net assets of $286k. It reported 3 employees.