Historic Cragfont Inc

Analysis

Historic Cragfont Inc is a registered charity in United States, based in Castalin SPGS, TN. It received its IRS tax-exemption ruling in July 1995, 31 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 2024, Historic Cragfont Inc reported income of $229k and spending of $209k, spending 91% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $243k to $229k (-6.1%), an average of -3.1% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Cragfont Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include Cowboy Days Incorporated ($228k), Portland Film Festival ($229k) and David Taylors Zikr Dance Ensemble Inc ($228k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $98k. At year end it held assets of $390k against liabilities of $62, net assets of $390k.