Collinsville Historical Association Inc

Analysis

Collinsville Historical Association Inc is a registered charity in United States, based in Collinsville, AL. It received its IRS tax-exemption ruling in November 2004, 22 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, Collinsville Historical Association Inc reported income of $60k and spending of $42k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $60k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Collinsville Historical Association Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within AL. Charities of a similar size with the same main cause include Nebraska State Quilt Guild ($60k), Ashtabula Maritime & Surface Transportation Museum Inc ($60k) and Roadway Antique Trucks ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $465k against liabilities of $0, net assets of $465k.