Shasta Historical Society

Analysis

Shasta Historical Society is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in December 1974, 52 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 June 2023, Shasta Historical Society reported income of $325k and spending of $272k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $247k to $325k (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shasta Historical Society sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Voter Network Foundation ($325k), Alliance on Mental Illness of Racine County Inc ($325k) and Medfield Community Cable Access Corporation ($325k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $90k. At year end it held assets of $1.6m against liabilities of $959, net assets of $1.6m. It reported 5 employees.