Point Pleasant River Museum Foundation Inc

Analysis

Point Pleasant River Museum Foundation Inc is a registered charity in United States, based in Point Pleasant, WV. It received its IRS tax-exemption ruling in August 1974, 52 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 June 2023, Point Pleasant River Museum Foundation Inc reported income of $379k and spending of $118k, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $458k to $379k (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Point Pleasant River Museum Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WV. Charities of a similar size with the same main cause include Association for Christian Fundraising ($379k), Yale Law School Learning Center Inc ($379k) and Foundation of the Arc of the United States ($379k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $18k (15% of expenses). Other salaries and wages came to $8,884. At year end it held assets of $1.6m against liabilities of $83, net assets of $1.6m. It reported 2 employees.