Issaquah History Museums

Analysis

Issaquah History Museums is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in November 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, Issaquah History Museums reported income of $154k and spending of $200k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $361k to $154k (-57%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Issaquah History Museums sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Catholic Charities Palm Island Inc ($154k), Hillel the Foundation for Jewish Campus Life ($154k) and Boxes of Blessing ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.5% of the total. At year end it held assets of $404k against liabilities of $16k, net assets of $388k.