Lawrence County Historical Society

Analysis

Lawrence County Historical Society is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in January 1981, 45 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, Lawrence County Historical Society reported income of $95k and spending of $61k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $95k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lawrence County Historical Society sits at the 35th percentile: it is larger than about 35% 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 Bowie Educational Foundation ($95k), Infinite Hope Inc ($95k) and Rutc of Ne America Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 3.9% of the total. At year end it held assets of $381k against liabilities of $10k, net assets of $371k.