Marion County Historical Society

Analysis

Marion County Historical Society is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in October 1975, 51 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, Marion County Historical Society reported income of $166k and spending of $191k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $166k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 144%. 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, Marion County Historical Society sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include New England Poetry Club Inc ($166k), Fox Ridge Enterprises Inc ($166k) and Madonna Circle ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $50k (26% of expenses). Other salaries and wages came to $52k. At year end it held assets of $1.1m against liabilities of $3,040, net assets of $1.1m. It reported 3 employees.