Eastern Cabarrus Historical Society Inc

Analysis

Eastern Cabarrus Historical Society Inc is a registered charity in United States, based in Mt Pleasant, NC. It received its IRS tax-exemption ruling in March 1974, 52 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 2020, Eastern Cabarrus Historical Society Inc reported income of $92k and spending of $72k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $41k to $92k (+126%), an average of +126% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastern Cabarrus Historical Society Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include First Rate Foundation Inc ($92k), Jimmy Graham Foundation Inc ($92k) and Gabriel Park Preschool of Portland Oregon ($92k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 83% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.