West Virginia Humanities Council Inc
Analysis
West Virginia Humanities Council Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in November 1976, 50 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 October 2023, West Virginia Humanities Council Inc reported income of $2.3m and spending of $1.7m, leaving 28% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.2m to $2.3m (+95%), an average of +18% a year. The sharpest change came in the year to October 2023, when income rose by 68%. Over the whole period it spent 89% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia Humanities Council Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within WV. Charities of a similar size with the same main cause include Faculty-Student Assoc of State University Maritime College Inc ($2.3m), The Perry Institute for Marine Science Inc ($2.3m) and Portland Mall Management Inc ($2.3m).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $187k (11% of expenses). Other salaries and wages came to $387k. At year end it held assets of $2.6m against liabilities of $328k, net assets of $2.3m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.2%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Faculty-Student Assoc of State University Maritime College Inc | Bronx | $2.3m |
| The Perry Institute for Marine Science Inc | Waitsfield | $2.3m |
| Portland Mall Management Inc | Portland | $2.3m |
| Fresta Valley Christian School Ltd | Marshall | $2.3m |