The Belton Area Museum Association

Analysis

The Belton Area Museum Association is a registered charity in United States, based in Belton, SC. It received its IRS tax-exemption ruling in June 1977, 49 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 December 2023, The Belton Area Museum Association reported income of $131k and spending of $132k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $131k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Belton Area Museum Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($131k), Corpsman Maxton W Soviak Memorial Foundation ($131k) and Texas City Rotary Foundation Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 18% of the total. At year end it held assets of $146k against liabilities of $1,199, net assets of $145k.