Chesterfield Historical Society of Virginia

Analysis

Chesterfield Historical Society of Virginia is a registered charity in United States, based in Chesterfield, VA. It received its IRS tax-exemption ruling in October 1983, 43 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 December 2023, Chesterfield Historical Society of Virginia reported income of $238k and spending of $28k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $238k (+371%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 444%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chesterfield Historical Society of Virginia sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Meridian Little Theater ($238k), Julien Dubuque International Film Festival ($238k) and Exposed Brick Theatre ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.7% of the total. Other salaries and wages came to $7,403. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.