Lee County Historical Society

Analysis

Lee County Historical Society is a registered charity in United States, based in Loachapoka, AL. It received its IRS tax-exemption ruling in April 1972, 54 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, Lee County Historical Society reported income of $84k and spending of $107k, spending 128% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $125k to $84k (-33%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lee County Historical Society sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AL. Charities of a similar size with the same main cause include Chicago Choral Artists ($84k), Altoona Bible Institute ($84k) and Pleasant Ridge Foundation ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. At year end it held assets of $547k against liabilities of $0, net assets of $547k.