Edinburg Heritage Foundation Inc

Analysis

Edinburg Heritage Foundation Inc is a registered charity in United States, based in Edinburg, VA. It received its IRS tax-exemption ruling in January 1992, 34 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 December 2023, Edinburg Heritage Foundation Inc reported income of $88k and spending of $89k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $101k to $88k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Edinburg Heritage Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Kauai Concert Association ($88k), Desfile Hispano Americano de NJ ($88k) and Porchfest DC ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $464k against liabilities of $144k, net assets of $320k.