Virginia Piedmont Heritage Area Association

Analysis

Virginia Piedmont Heritage Area Association is a registered charity in United States, based in Marshall, VA. It received its IRS tax-exemption ruling in March 2017, 9 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, Virginia Piedmont Heritage Area Association reported income of $265k and spending of $322k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $265k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Virginia Piedmont Heritage Area Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include American Farm Heritage NFP ($265k), Lemon Bay Playhouse Inc ($265k) and Institute for the Next Jewish Future Injf ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $82k (25% of expenses). Other salaries and wages came to $105k. At year end it held assets of $756k against liabilities of $11k, net assets of $746k. It reported 3 employees.