Great Bridge Battlefield and Waterways History Foundation

Analysis

Great Bridge Battlefield and Waterways History Foundation is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in March 2001, 25 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, Great Bridge Battlefield and Waterways History Foundation reported income of $170k and spending of $278k, spending 163% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $219k to $170k (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2020, when income rose by 94%. Over the whole period it spent 172% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Bridge Battlefield and Waterways History Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Warren Civic Music Association ($170k), Central Stage ($170k) and Public Trust ($170k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $64k (23% of expenses). Other salaries and wages came to $82k. At year end it held assets of $990k against liabilities of $13k, net assets of $978k. It reported 6 employees.