Village Heritage Foundation

Analysis

Village Heritage Foundation is a registered charity in United States, based in Pinehurst, NC. It received its IRS tax-exemption ruling in June 1994, 32 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, Village Heritage Foundation reported income of $101k and spending of $17k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $101k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 468%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Village Heritage Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Tappan Washington Memorial Corporation ($101k), Beloit Art Center Inc ($101k) and Massachusetts Albanian Americansociety ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.