Bucks County Herald Foundation

Analysis

Bucks County Herald Foundation is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in February 2021, 5 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, Bucks County Herald Foundation reported income of $594k and spending of $616k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $240k to $594k (+147%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bucks County Herald Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Hungry for Music Inc ($593k), Kingston Midtown Arts District ($594k) and Irish American Heritage Center ($593k).

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 $47k against liabilities of $69k, net assets of -$22k.