Punxsutawney Area Historical and Genealogical Society Inc

Analysis

Punxsutawney Area Historical and Genealogical Society Inc is a registered charity in United States, based in Punxsutawney, PA. It received its IRS tax-exemption ruling in September 2016, 10 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 (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, Punxsutawney Area Historical and Genealogical Society Inc reported income of $137k and spending of $67k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $137k (+237%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 130%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Punxsutawney Area Historical and Genealogical Society Inc 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 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Maharashtra Mandal of Seattle ($137k), Centro Gerontologico Latino Inc ($137k) and Gov Glance Foundation ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 2.0% of the total. At year end it held assets of $912k against liabilities of $1, net assets of $912k.