Belmead on the James Inc

Analysis

Belmead on the James Inc is a registered charity in United States, based in Powhatan, VA. It received its IRS tax-exemption ruling in December 2016, 10 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, Belmead on the James Inc reported income of $422k and spending of $80k, leaving 81% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $154k to $422k (+174%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 562%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Belmead on the James Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Viola Dagamba Society of America Inc ($422k), Objective Standard Institute ($422k) and C2g Music Hall Corporation ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $553k against liabilities of $0, net assets of $553k.