Historic Waynesborough

Analysis

Historic Waynesborough is a registered charity in United States, based in Paoli, PA. It received its IRS tax-exemption ruling in September 2005, 21 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, Historic Waynesborough reported income of $54k and spending of $31k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $54k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Waynesborough 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 20th percentile within PA. Charities of a similar size with the same main cause include Lakeshore Community Chorus ($54k), New York Opera Society Inc ($54k) and Telugu Association of Kentuckiana ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $294k against liabilities of $0, net assets of $294k.