American Historical Society of Germans From Russia

Analysis

American Historical Society of Germans From Russia is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in September 1978, 48 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, American Historical Society of Germans From Russia reported income of $556k and spending of $706k, spending 127% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $511k to $556k (+8.7%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Historical Society of Germans From Russia sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NE. Charities of a similar size with the same main cause include Family Resource Center of Central Oregon ($555k), East Palo Alto Senior Center Inc ($556k) and Ukrainian Free University Foundation ($555k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $84k (12% of expenses). Other salaries and wages came to $214k. At year end it held assets of $3.5m against liabilities of $13k, net assets of $3.4m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.