Gertrude Herbert Art Endowment Inc

Analysis

Gertrude Herbert Art Endowment Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in March 1994, 32 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 June 2023, Gertrude Herbert Art Endowment Inc reported income of $69k and spending of $52k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $47k to $69k (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 127%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gertrude Herbert Art Endowment Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Jones Allsports Association ($69k), Historic Flat Rock Inc ($69k) and Stamford Veterans Park Partnership Inc ($69k).

At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.