Danish Heritage Preservation Society of Danevang Inc

Analysis

Danish Heritage Preservation Society of Danevang Inc is a registered charity in United States, based in Danevang, TX. It received its IRS tax-exemption ruling in September 1997, 29 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, Danish Heritage Preservation Society of Danevang Inc reported income of $63k and spending of $47k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $63k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Danish Heritage Preservation Society of Danevang Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Friendship Knot Quilters Guild Inc ($63k), 1761 Arts Inc ($63k) and National Society of the Daughters of the American Revolution ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 23% of the total. Other salaries and wages came to $16k. At year end it held assets of $639k against liabilities of $788, net assets of $639k. It reported 1 employees.