Historic Richmond Foundation-The William Byrd Branch of Apva Preser

Analysis

Historic Richmond Foundation-The William Byrd Branch of Apva Preser is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 1958, 68 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, Historic Richmond Foundation-The William Byrd Branch of Apva Preser reported income of $1.1m and spending of $956k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 80% 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 Richmond Foundation-The William Byrd Branch of Apva Preser sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Keystone Research Center Inc ($1.1m), Globewomen Research & Education Institute ($1.1m) and Shaker Museum and Library ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 4.0% of the total. Other salaries and wages came to $485k. At year end it held assets of $15.5m against liabilities of $196k, net assets of $15.3m. It reported 9 employees.