Friends of Oflag 64 Inc

Analysis

Friends of Oflag 64 Inc is a registered charity in United States, based in Oak Hill, VA. It received its IRS tax-exemption ruling in August 2019, 7 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, Friends of Oflag 64 Inc reported income of $116k and spending of $127k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $116k (+227%), an average of +227% a year. The sharpest change came in the year to December 2023, when income rose by 227%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Oflag 64 Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Pioneer City County Museum ($116k), Friends of the Cascade Locks Historical Museum ($116k) and Teralta Art ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.