Historic Hillsborough Commission

Analysis

Historic Hillsborough Commission is a registered charity in United States, based in Hillsborough, NC. It received its IRS tax-exemption ruling in September 2021, 5 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 June 2024, Historic Hillsborough Commission reported income of $155k and spending of $127k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $122k to $155k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Hillsborough Commission sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Alliance Francaise of Greater Phoenix ($155k), Warbirds of Glory Museum ($155k) and Tulare County Encore Theatre Company ($155k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 0.5% of the total. At year end it held assets of $109k against liabilities of $6,328, net assets of $103k.