Vallejo Naval and Historic Museum Incorporated

Analysis

Vallejo Naval and Historic Museum Incorporated is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in February 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, Vallejo Naval and Historic Museum Incorporated reported income of $169k and spending of $270k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $169k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vallejo Naval and Historic Museum Incorporated sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($169k), Kentucky-Tennessee District Kiwanis Foundation Incorporated ($169k) and Alexandria Figure Skating Club ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 1.9% of the total. Other salaries and wages came to $142k. At year end it held assets of $1.4m against liabilities of $6,972, net assets of $1.4m. It reported 3 employees.