Polk County Historical Society

Analysis

Polk County Historical Society is a registered charity in United States, based in Monmouth, OR. It received its IRS tax-exemption ruling in February 1994, 32 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, Polk County Historical Society reported income of $313k and spending of $85k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $313k (+305%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Polk County Historical Society sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OR. Charities of a similar size with the same main cause include Mushroom Family Learning Center Inc ($313k), Lower Middlesex Volunteer Fire Department Inc ($313k) and Seminole Nation Historical Society ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.