Shippensburg Historical Society

Analysis

Shippensburg Historical Society is a registered charity in United States, based in Shippensburg, PA. It received its IRS tax-exemption ruling in April 1964, 62 years ago. 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, Shippensburg Historical Society reported income of $83k and spending of $111k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $83k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shippensburg Historical Society 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 PA. Charities of a similar size with the same main cause include West Pasadena Residents Association ($83k), The Rotary Club of Southwest Durham Foundation ($83k) and Object Relations Institute Training Foundation ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $41k (37% of expenses). At year end it held assets of $936k against liabilities of $5,889, net assets of $930k. It reported 1 employees.