Pricketts Fort Memorial Foundation Inc

Analysis

Pricketts Fort Memorial Foundation Inc is a registered charity in United States, based in Fairmont, WV. It received its IRS tax-exemption ruling in June 1977, 49 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, Pricketts Fort Memorial Foundation Inc reported income of $310k and spending of $304k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $310k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pricketts Fort Memorial Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within WV. Charities of a similar size with the same main cause include Tfi Digital Archive Inc ($310k), Catholic Peace Times Weelky Inc ($310k) and Opera Festival of Chicago Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $52k (17% of expenses). Other salaries and wages came to $130k. At year end it held assets of $447k against liabilities of $1,365, net assets of $446k. It reported 26 employees.