Northbrook Historical Society

Analysis

Northbrook Historical Society is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in September 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 May 2024, Northbrook Historical Society reported income of $85k and spending of $62k, leaving 27% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $40k to $85k (+111%), an average of +20% a year. The sharpest change came in the year to May 2024, when income rose by 50%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northbrook 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 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Temple Israel Foundation ($85k), Mansfield Area Food Pantry ($85k) and Fish Lebanon ($85k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 77% and program service revenue 2.8% of the total. At year end it held assets of $729k against liabilities of $0, net assets of $729k.