Art League of Hilton Head Island Inc

Analysis

Art League of Hilton Head Island Inc is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in August 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, Art League of Hilton Head Island Inc reported income of $534k and spending of $515k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $534k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Art League of Hilton Head Island Inc 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 71st percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Intertribal Friendship House ($534k), Reality Outreach Ministries Inc ($534k) and Psi Upsilon Foundation Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $128k. At year end it held assets of $208k against liabilities of $68k, net assets of $140k. It reported 5 employees.