Hampton History Museum Association Inc

Analysis

Hampton History Museum Association Inc is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in January 1996, 30 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 June 2023, Hampton History Museum Association Inc reported income of $242k and spending of $160k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $160k to $242k (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 115%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hampton History Museum Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Dawn Bible Students Association ($242k), Royal Players Inc ($242k) and Latvian Foundation Inc ($242k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 11% of the total. Other salaries and wages came to $7,436. At year end it held assets of $794k against liabilities of $13k, net assets of $782k. It reported 2 employees.