Friends of Honey Springs Battlefield Park Inc

Analysis

Friends of Honey Springs Battlefield Park Inc is a registered charity in United States, based in Checotah, OK. It received its IRS tax-exemption ruling in May 2015, 11 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 June 2023, Friends of Honey Springs Battlefield Park Inc reported income of $54k and spending of $119k, spending 221% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $180k to $54k (-70%), an average of -33% a year. The sharpest change came in the year to June 2021, when income dropped by 67%. Over the whole period it spent 159% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Honey Springs Battlefield Park Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OK. Charities of a similar size with the same main cause include Precision Dance Company ($54k), Arts on the Allegheny ($54k) and Shining Stars Guild ($54k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $870k against liabilities of $449k, net assets of $421k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.