Omohundro Institute of Early American History and Culture

Analysis

Omohundro Institute of Early American History and Culture is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in December 1979, 47 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 2023, Omohundro Institute of Early American History and Culture reported income of $3.1m and spending of $2.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.1m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 401%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omohundro Institute of Early American History and Culture sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Lansing Housing Corporation ($3.1m), Rhythm Foundation Inc ($3.1m) and United Way of Greater New Bedford Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 2.4% of the total. At year end it held assets of $22.9m against liabilities of $17k, net assets of $22.8m.