Hogansville Charitable Trust Inc
Analysis
Hogansville Charitable Trust Inc is a registered charity in United States, based in Hogansville, GA. It received its IRS tax-exemption ruling in June 2012, 14 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, Hogansville Charitable Trust Inc reported income of $94k and spending of $4,621, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $94k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 36% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hogansville Charitable Trust Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include Maine Music Society ($94k), Friends of the Marine Science Center Inc ($94k) and American Society of Military History Inc ($94k).
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 $112k against liabilities of $825, net assets of $111k.
Income and spending
Where the income comes from
- Contributions & grants 69%
- Other 31%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Maine Music Society | Lewiston | $94k |
| Friends of the Marine Science Center Inc | Ponce Inlet | $94k |
| American Society of Military History Inc | S El Monte | $94k |
| Ashland Balloonfest Inc | Ashland | $94k |