Barren County Historical Foundation Inc

Analysis

Barren County Historical Foundation Inc is a registered charity in United States, based in Glasgow, KY. It received its IRS tax-exemption ruling in November 1988, 38 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 December 2023, Barren County Historical Foundation Inc reported income of $162k and spending of $118k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $162k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Barren County Historical Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include Coast Guard Aviation Association Ancient Order of the Pterodactyl ($162k), Marin Stables & Trails Inc ($162k) and Nantucket Lightship Basket Museum Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $30k (25% of expenses). Other salaries and wages came to $32k. At year end it held assets of $1.1m against liabilities of $1,561, net assets of $1.1m. It reported 5 employees.