Hickory Landmarks Society Inc

Analysis

Hickory Landmarks Society Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in June 1968, 58 years ago. 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, Hickory Landmarks Society Inc reported income of $290k and spending of $121k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $192k to $290k (+51%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 94%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hickory Landmarks Society Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Spokane Youth Symphony Inc ($290k), Oak Park Festival Theatre ($290k) and Three Rivers Festival Foundation Inc NFP ($290k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $60k (49% of expenses). At year end it held assets of $938k against liabilities of $128, net assets of $938k. It reported 3 employees.