Friends of the Kaminski House

Analysis

Friends of the Kaminski House is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in September 2011, 15 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 (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 2023, Friends of the Kaminski House reported income of $314k and spending of $386k, spending 123% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $535k to $314k (-41%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 41%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Kaminski House 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 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Meetinghouse Arts ($314k), Afro Caribbean Cultural Center Inc ($314k) and International Ocean Film Festival Inc ($314k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $71k (18% of expenses). Other salaries and wages came to $87k. At year end it held assets of $560k against liabilities of $11k, net assets of $548k. It reported 6 employees.