Wayne County Historical Society

Analysis

Wayne County Historical Society is a registered charity in United States, based in Honesdale, PA. It received its IRS tax-exemption ruling in April 1950, 76 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 December 2023, Wayne County Historical Society reported income of $180k and spending of $185k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $180k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 138%. 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, Wayne County Historical Society sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Georgia Intellectual Property Alliance Inc ($180k), PTA California Congress of Parents Teachers & Students Inc ($180k) and Middleton Preschool Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 18% of the total. Other salaries and wages came to $31k. At year end it held assets of $971k against liabilities of $1,067, net assets of $970k. It reported 4 employees.