Friend Historical Society

Analysis

Friend Historical Society is a registered charity in United States, based in Friend, NE. It received its IRS tax-exemption ruling in July 2012, 14 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 June 2024, Friend Historical Society reported income of $316k and spending of $64k, leaving 80% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $108k to $316k (+192%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 106%. Over the whole period it spent 21% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friend Historical Society sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NE. Charities of a similar size with the same main cause include Kokandy Productions ($316k), San Antonio-Mexico Friendship Council Inc ($316k) and Pan Am 103-Lockerbie Legacy Foundation Inc ($316k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 5.8% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.