Rockingham County Historical Society Museum and Archives

Analysis

Rockingham County Historical Society Museum and Archives is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in February 1970, 56 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rockingham County Historical Society Museum and Archives reported income of $237k and spending of $223k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $237k (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rockingham County Historical Society Museum and Archives sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Old Dominion Region Volleyball Association Inc ($237k), Shrine Maple Sugar Bowl Inc ($237k) and Raymond Coalition for Youth Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $42k (19% of expenses). Other salaries and wages came to $41k. At year end it held assets of $683k against liabilities of $8,203, net assets of $675k. It reported 4 employees.