Preble County Historical Society Inc

Analysis

Preble County Historical Society Inc is a registered charity in United States, based in Eaton, OH. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Preble County Historical Society Inc reported income of $207k and spending of $230k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $207k (+514%), an average of +57% a year. The sharpest change came in the year to December 2020, when income rose by 168%. Over the whole period it spent 196% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preble County Historical Society Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Elnu Abenaki Incorporated ($206k), International Microwave Power Institute ($207k) and Southern Historical Association ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $53k (23% of expenses). It paid $12k in professional fundraising fees. At year end it held assets of $840k against liabilities of $7,777, net assets of $832k. It reported 2 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.