San Mateo County Historical Association

Analysis

San Mateo County Historical Association is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in December 1953, 73 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 June 2023, San Mateo County Historical Association reported income of $2.4m and spending of $1.9m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.4m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 164%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Mateo County Historical Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Pawtucket Central Falls Development Corporation ($2.4m), Jefferson County Area Agency on Aging ($2.4m) and 2-1-1 Big Bend Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $239k (13% of expenses). Other salaries and wages came to $844k. At year end it held assets of $20.8m against liabilities of $152k, net assets of $20.6m. It reported 21 employees.