Historic Washington Foundation Inc

Analysis

Historic Washington Foundation Inc is a registered charity in United States, based in Washington, AR. It received its IRS tax-exemption ruling in November 1958, 68 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 October 2023, Historic Washington Foundation Inc reported income of $160k and spending of $178k, spending 111% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $89k to $160k (+80%), an average of +16% a year. The sharpest change came in the year to October 2022, when income rose by 92%. Over the whole period it spent 115% 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 Washington 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 AR. Charities of a similar size with the same main cause include Richardson Theatre Center Inc ($160k), Chincoteague Cultural Alliance Inc ($160k) and Workshop Theatre of South Carolina ($160k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.9m against liabilities of $10k, net assets of $1.9m. It reported 4 employees.