Historic Rock Hill C/O Susan Lyle

Analysis

Historic Rock Hill C/O Susan Lyle is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in June 1995, 31 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 December 2022, Historic Rock Hill C/O Susan Lyle reported income of $248k and spending of $234k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $161k to $248k (+54%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Rock Hill C/O Susan Lyle sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Spooky Action Theater Company ($248k), Western Wind Vocal Ensemble Inc ($248k) and Western Connecticut Youth Orchestra Inc ($248k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $40k (17% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.5m against liabilities of $1,169, net assets of $1.5m. It reported 3 employees.