Edmonds South Snohomish County Historical Society

Analysis

Edmonds South Snohomish County Historical Society is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in June 1976, 50 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, Edmonds South Snohomish County Historical Society reported income of $159k and spending of $207k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $159k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2021, when income rose by 271%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edmonds South Snohomish 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 45th percentile within WA. Charities of a similar size with the same main cause include Kettering Childrens Choir ($159k), Greene County Cosmos ($159k) and Glenwood Park Trust ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $59k (28% of expenses). Other salaries and wages came to $54k. At year end it held assets of $591k against liabilities of $126k, net assets of $465k. It reported 2 employees.