Olmsted Historical Society

Analysis

Olmsted Historical Society is a registered charity in United States, based in Olmsted Falls, OH. It received its IRS tax-exemption ruling in December 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 2023, Olmsted Historical Society reported income of $92k and spending of $101k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $92k (-0.5%), an average of -0.5% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Olmsted Historical Society sits at the 34th 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 35th percentile within OH. Charities of a similar size with the same main cause include Road Runners Club of America ($92k), Skeggs Foundation ($92k) and Mill Valley Scout Hall Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 31% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.