Holly Springs Center

Analysis

Holly Springs Center is a registered charity in United States, based in Pickens, SC. It received its IRS tax-exemption ruling in October 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, Holly Springs Center reported income of $419k and spending of $393k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $210k to $419k (+100%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holly Springs Center 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 72nd percentile within SC. Charities of a similar size with the same main cause include Historic Preservation Foundation of the Fortnightly ($419k), Indo-American Association ($419k) and Dare County Arts Council Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 61% of the total. Other salaries and wages came to $239k. At year end it held assets of $598k against liabilities of $4,508, net assets of $594k. It reported 17 employees.