Stecoah Valley Arts Crafts & Educational Center Inc

Analysis

Stecoah Valley Arts Crafts & Educational Center Inc is a registered charity in United States, based in Robbinsville, NC. It received its IRS tax-exemption ruling in June 1997, 29 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 2023, Stecoah Valley Arts Crafts & Educational Center Inc reported income of $368k and spending of $391k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $331k to $368k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 108%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stecoah Valley Arts Crafts & Educational Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Appalachian Literacy Initiative ($368k), St Pauls Cathedral TR in America Inc ($368k) and Chehalis Ballet Center ($368k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $46k (12% of expenses). Other salaries and wages came to $126k. At year end it held assets of $354k against liabilities of $80k, net assets of $275k. It reported 13 employees.