Heritage House of Orange County Association Inc

Analysis

Heritage House of Orange County Association Inc is a registered charity in United States, based in Orange, TX. It received its IRS tax-exemption ruling in February 1978, 48 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 December 2023, Heritage House of Orange County Association Inc reported income of $58k and spending of $75k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $58k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heritage House of Orange County Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Sea Grape Artists Gallery Cooperative Inc ($58k), Marshfield Performing Arts Society Inc ($58k) and Gallery Night Providence Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 0.5% of the total. At year end it held assets of $193k against liabilities of $1,505, net assets of $192k.