Alleghany Highlands Arts and Crafts Center Inc

Analysis

Alleghany Highlands Arts and Crafts Center Inc is a registered charity in United States, based in Clifton Forge, VA. It received its IRS tax-exemption ruling in November 1985, 41 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 June 2023, Alleghany Highlands Arts and Crafts Center Inc reported income of $162k and spending of $153k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $120k to $162k (+35%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alleghany Highlands Arts and Crafts Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Rabbi Joseph Breuer Foundation Inc ($161k), Harper Hill Global Inc ($162k) and Support of Old Lady Artists ($161k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $35k (23% of expenses). Other salaries and wages came to $33k. At year end it held assets of $619k against liabilities of $7,958, net assets of $611k. It reported 5 employees.