Athens-Clarke Heritage Foundation Inc

Analysis

Athens-Clarke Heritage Foundation Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in August 2015, 11 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, Athens-Clarke Heritage Foundation Inc reported income of $706k and spending of $627k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $390k to $706k (+81%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Athens-Clarke Heritage Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Bargemusic Ltd ($706k), Korea Creative Content Agency ($706k) and Ernest a Finney Jr Cultural Arts CE Nter ($706k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $261k (42% of expenses). Other salaries and wages came to $125k. At year end it held assets of $709k against liabilities of $6,004, net assets of $703k. It reported 17 employees.