Paintsville Lake Historical Association

Analysis

Paintsville Lake Historical Association is a registered charity in United States, based in Paintsville, KY. It received its IRS tax-exemption ruling in August 1992, 34 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, Paintsville Lake Historical Association reported income of $106k and spending of $79k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $103k to $106k (+2.8%), an average of +2.8% a year. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Paintsville Lake Historical Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within KY. Charities of a similar size with the same main cause include St Kieran Community Center for the Arts ($106k), Friends of Mary Riepma Ross Media Arts Center Inc ($106k) and Art Yard Bklyn ($106k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 39% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.