Naval Undersea Museum Foundation Naval Historical Center

Analysis

Naval Undersea Museum Foundation Naval Historical Center is a registered charity in United States, based in Keyport, WA. It received its IRS tax-exemption ruling in March 1980, 46 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, Naval Undersea Museum Foundation Naval Historical Center reported income of $109k and spending of $89k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $109k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Naval Undersea Museum Foundation Naval Historical Center sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Berlin Airlift Historical Foundation ($109k), Polish Cultural Center Advisory Board ($109k) and Scottish Tartans Museum ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 12% of the total. At year end it held assets of $87k against liabilities of $1,328, net assets of $85k.