Historic Polegreen Church Foundation

Analysis

Historic Polegreen Church Foundation is a registered charity in United States, based in Mechanicsvlle, VA. It received its IRS tax-exemption ruling in June 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 (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, Historic Polegreen Church Foundation reported income of $151k and spending of $161k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $163k to $151k (-7.2%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Polegreen Church Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Greater Austin Suzuki Association ($151k), Crawfordsville Main Street Program Inc ($151k) and US India Friendship Alliance Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 36% of the total. At year end it held assets of $6.3m against liabilities of $4,766, net assets of $6.3m.