Herodicus Society Inc

Analysis

Herodicus Society Inc is a registered charity in United States, based in College Grove, TN. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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 December 2023, Herodicus Society Inc reported income of $291k and spending of $277k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $256k to $291k (+13%), an average of +13% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Herodicus Society Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include 5 Star Global Ministry LLC ($291k), Bridges Christian Learning Center Inc ($291k) and Fuller Center of Webster Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $387k against liabilities of $0, net assets of $387k.