Wood County Historical Society

Analysis

Wood County Historical Society is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in December 1970, 56 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, Wood County Historical Society reported income of $387k and spending of $365k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $387k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 72%. 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, Wood County Historical Society sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Edgefield County Historical Society ($387k), Combat Warriors ($387k) and Tubman Gardens Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 23% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.5m against liabilities of $314k, net assets of $1.2m. It reported 2 employees.