Kent Historical Society

Analysis

Kent Historical Society is a registered charity in United States, based in Kent, OH. It received its IRS tax-exemption ruling in December 1971, 55 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, Kent Historical Society reported income of $146k and spending of $150k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $146k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kent Historical Society sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Dysart Education Foundation ($146k), Aplington Recreation Complex Inc ($146k) and East Enterprise Volunteer Fire Deparment Incorporated ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 4.5% of the total. Other salaries and wages came to $65k. At year end it held assets of $662k against liabilities of $1,967, net assets of $660k. It reported 3 employees.