Natl Society of the Colonial Dames of America

Analysis

Natl Society of the Colonial Dames of America is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 1971, 55 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 May 2024, Natl Society of the Colonial Dames of America reported income of $1.1m and spending of $790k, leaving 29% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $665k to $1.1m (+66%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 86%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Natl Society of the Colonial Dames of America sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Dayspring School of the Arts ($1.1m), New Canaan Historical Society ($1.1m) and Canyonlands Field Institute Inc ($1.1m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 20% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $85k (11% of expenses). Other salaries and wages came to $155k. At year end it held assets of $6.7m against liabilities of $231k, net assets of $6.4m. It reported 8 employees.