Far West Heritage Association

Analysis

Far West Heritage Association is a registered charity in United States, based in Durham, CA. It received its IRS tax-exemption ruling in August 1982, 44 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, Far West Heritage Association reported income of $129k and spending of $260k, spending 201% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $281k to $129k (-54%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Far West Heritage Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Los Angeles River Artists and Business Association ($129k), Portside New York Inc ($129k) and Santa Clara Chorale Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Other salaries and wages came to $62k. At year end it held assets of $4.0m against liabilities of $3,987, net assets of $4.0m. It reported 4 employees.