Danish American Heritage Society Inc

Analysis

Danish American Heritage Society Inc is a registered charity in United States, based in Elk Horn, IA. It received its IRS tax-exemption ruling in July 1978, 48 years ago. 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, Danish American Heritage Society Inc reported income of $83k and spending of $82k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $83k (+306%), an average of +306% a year. The sharpest change came in the year to December 2023, when income rose by 306%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Danish American Heritage Society Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Saint Alphonsus Regional Medical Center Auxiliary ($83k), Kalg Cultural Organization ($83k) and Margaret Aylward Center ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 21% of the total. At year end it held assets of $361k against liabilities of $0, net assets of $361k.