Friends of Town Creek Indian Mound Inc

Analysis

Friends of Town Creek Indian Mound Inc is a registered charity in United States, based in Mount Gilead, NC. It received its IRS tax-exemption ruling in May 1985, 41 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 2023, Friends of Town Creek Indian Mound Inc reported income of $73k and spending of $117k, spending 160% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $206k to $73k (-65%), an average of -40% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 84% 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 Town Creek Indian Mound Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Theta Community Conference Committee Inc ($73k), Troop of Actors ($73k) and Laura Ingalls Wilder Memorial Socie Ty Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.