Lake Chelan Historical Society Inc

Analysis

Lake Chelan Historical Society Inc is a registered charity in United States, based in Chelan, WA. It received its IRS tax-exemption ruling in August 1970, 56 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, Lake Chelan Historical Society Inc reported income of $120k and spending of $117k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $107k to $120k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Chelan Historical Society Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within WA. Charities of a similar size with the same main cause include Abiding Word Ministries ($120k), Ohio Middle Level Association ($120k) and Friends of the Bosler Free Library ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 6.4% of the total. Other salaries and wages came to $42k. At year end it held assets of $1.0m against liabilities of $11, net assets of $1.0m. It reported 1 employees.