Franklin County Historical Society

Analysis

Franklin County Historical Society is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in July 1969, 57 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, Franklin County Historical Society reported income of $1.4m and spending of $202k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $1.4m (+133%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 5244%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franklin County Historical Society sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Quaker Haven Foundation Inc ($1.4m), Luzerne Music Center Inc ($1.4m) and St Peters Adult Learning Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $49k (24% of expenses). Other salaries and wages came to $30k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 4 employees.