Pendleton Historic Foundation

Analysis

Pendleton Historic Foundation is a registered charity in United States, based in Pendleton, SC. It received its IRS tax-exemption ruling in April 1964, 62 years ago. 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 December 2023, Pendleton Historic Foundation reported income of $506k and spending of $280k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $506k (+390%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 325%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pendleton Historic Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within SC. Charities of a similar size with the same main cause include Theta Tau Educational Foundation ($506k), Howard County Fair Association Inc ($506k) and Oral History Association ($506k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 4.3% of the total. Other salaries and wages came to $37k. At year end it held assets of $1.5m against liabilities of $32k, net assets of $1.5m. It reported 1 employees.