Cumberland Shop

Analysis

Cumberland Shop is a registered charity in United States, based in Shippensburg, PA. It received its IRS tax-exemption ruling in November 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cumberland Shop reported income of $63k and spending of $61k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $63k (+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 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cumberland Shop sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Greater St Louis Amatuer Hockey Hall of Fame ($63k), Kiowa County Historical Society Inc ($63k) and Tenino Young-At-Heart Theatre ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $8,461 against liabilities of $6,487, net assets of $1,974.