Roanoke River Museum Prestwould Foundation

Analysis

Roanoke River Museum Prestwould Foundation is a registered charity in United States, based in Clarksville, VA. It received its IRS tax-exemption ruling in December 1963, 63 years ago. 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, Roanoke River Museum Prestwould Foundation reported income of $103k and spending of $121k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $103k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roanoke River Museum Prestwould Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Society of Mayflower Descendants in State of Illinois ($103k), Pop Warner Little Scholars Inc ($103k) and San Francisco Sailing Whaleboat Association Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.