Sandhills Family Heritage Association

Analysis

Sandhills Family Heritage Association is a registered charity in United States, based in Spring Lake, NC. It received its IRS tax-exemption ruling in April 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sandhills Family Heritage Association reported income of $90k and spending of $67k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $474k to $90k (-81%), an average of -81% a year. The sharpest change came in the year to June 2023, when income dropped by 81%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sandhills Family Heritage Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Lunart Inc ($90k), Fort Armstrong Folk Festival Inc ($90k) and Art School Inc ($90k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $18k (26% of expenses). Other salaries and wages came to $7,868. At year end it held assets of $578k against liabilities of $0, net assets of $578k. It reported 2 employees.