Arthurdale Heritage Inc

Analysis

Arthurdale Heritage Inc is a registered charity in United States, based in Arthurdale, WV. It received its IRS tax-exemption ruling in July 1986, 40 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 September 2023, Arthurdale Heritage Inc reported income of $541k and spending of $305k, leaving 44% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $215k to $541k (+152%), an average of +26% a year. The sharpest change came in the year to September 2021, when income rose by 105%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arthurdale Heritage Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WV. Charities of a similar size with the same main cause include Raphael Academy ($541k), Charlotte Regional Realtor Assoc Housing Opportunity Foundati ($541k) and Brazos Valley Regional Advisory Council ($541k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $30k (9.9% of expenses). Other salaries and wages came to $45k. At year end it held assets of $1.7m against liabilities of $48k, net assets of $1.7m. It reported 3 employees.