Heritage Square Historical Society Burns Lafferty

Analysis

Heritage Square Historical Society Burns Lafferty is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in September 1974, 52 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 June 2024, Heritage Square Historical Society Burns Lafferty reported income of $117k and spending of $112k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $143k to $117k (-18%), an average of -9.3% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heritage Square Historical Society Burns Lafferty sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Lake Charles Little Theatre ($117k), North Side Mosque Chicago ($117k) and PTA Texas Congress ($117k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 1.5% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.