Ypsilanti Historical Society Inc

Analysis

Ypsilanti Historical Society Inc is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in March 1973, 53 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, Ypsilanti Historical Society Inc reported income of $101k and spending of $90k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $101k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ypsilanti Historical Society Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include United Way Endowment Fund of Carlisle Pennsylvania ($101k), Caring for Kids ($101k) and Craighead Institute ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $763k against liabilities of $0, net assets of $763k.