Shelby County Historical Society

Analysis

Shelby County Historical Society is a registered charity in United States, based in Harlan, IA. It received its IRS tax-exemption ruling in May 1973, 53 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, Shelby County Historical Society reported income of $162k and spending of $143k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $162k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shelby County Historical Society sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Notre Dame School Foundation of Long Beach Inc ($162k), Little League Baseball Inc ($162k) and PTA Texas Congress ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $55k (39% of expenses). Other salaries and wages came to $8,363. At year end it held assets of $1.5m against liabilities of $5, net assets of $1.5m. It reported 2 employees.