Homer Laughlin China Collectors Association

Analysis

Homer Laughlin China Collectors Association is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in April 1999, 27 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, Homer Laughlin China Collectors Association reported income of $371k and spending of $301k, spending 81% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $162k to $371k (+130%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Homer Laughlin China Collectors Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Bismarck-Mandan Orchestral Assn ($371k), Atlantic Symphony Orchestra Inc ($372k) and Doma Development Corp ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 69% of the total. At year end it held assets of $267k against liabilities of $0, net assets of $267k.