Foundation for Historic Christ Church Incorporated

Analysis

Foundation for Historic Christ Church Incorporated is a registered charity in United States, based in Irvington, VA. It received its IRS tax-exemption ruling in December 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 2022, Foundation for Historic Christ Church Incorporated reported income of $623k and spending of $691k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $472k to $623k (+32%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 180%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation for Historic Christ Church Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Caring Fields Felines ($623k), Arts Council of Wilmington and New Hanover County ($623k) and High Point Arts Council Inc ($623k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 52% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $114k (17% of expenses). Other salaries and wages came to $114k. At year end it held assets of $7.3m against liabilities of $33k, net assets of $7.3m. It reported 3 employees.