Springs Historical Society of the Casselman Valley

Analysis

Springs Historical Society of the Casselman Valley is a registered charity in United States, based in Springs, PA. It received its IRS tax-exemption ruling in December 1965, 61 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Springs Historical Society of the Casselman Valley reported income of $98k and spending of $79k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $117k to $98k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Springs Historical Society of the Casselman Valley sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include River City Journalism Fund ($98k), Astoria Visual Arts Inc ($98k) and Deke Slayton Memorial Space & Bicycle Museum ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 2.5% of the total. Other salaries and wages came to $7,683. At year end it held assets of $1.3m against liabilities of $553, net assets of $1.3m. It reported 4 employees.