St Thomas Historical Trust Inc

Analysis

St Thomas Historical Trust Inc is a registered charity in United States, based in St Thomas, VI. It received its IRS tax-exemption ruling in April 2021, 5 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 September 2023, St Thomas Historical Trust Inc reported income of $71k and spending of $58k, spending 81% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $95k to $71k (-25%), an average of -25% a year. The sharpest change came in the year to September 2023, when income dropped by 25%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St Thomas Historical Trust Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 34th percentile within VI. Charities of a similar size with the same main cause include Southern Appalachia Railway Museum ($71k), Fulton County Historical Society Inc ($71k) and Utah Museum of Fire Service History and Firefighter Memorial Foundatio ($71k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 57% and program service revenue 11% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.