Clarksburg-Harrison Cultural Foundation Inc

Analysis

Clarksburg-Harrison Cultural Foundation Inc is a registered charity in United States, based in Clarksburg, WV. It received its IRS tax-exemption ruling in March 1920, 106 years ago. 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 December 2023, Clarksburg-Harrison Cultural Foundation Inc reported income of $244k and spending of $303k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $441k to $244k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarksburg-Harrison Cultural Foundation Inc 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 58th percentile, and in the 56th percentile within WV. Charities of a similar size with the same main cause include Open Door Ministry Inc ($244k), Copley Athletic Association Inc ($244k) and TRL Productions ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. At year end it held assets of $590k against liabilities of $11k, net assets of $579k.