Historic Sandusky Foundation Inc

Analysis

Historic Sandusky Foundation Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Historic Sandusky Foundation Inc reported income of $57k and spending of $57k, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $39k to $57k (+48%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 100% 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 Sandusky Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Ocracoke Community Radio ($57k), Educational Theater of New York ($57k) and Cape Cod Chorale ($57k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.