Hillsboro Historical Society

Analysis

Hillsboro Historical Society is a registered charity in United States, based in Hillsboro, NM. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hillsboro Historical Society reported income of $73k and spending of $23k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $73k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillsboro Historical Society sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within NM. Charities of a similar size with the same main cause include Sojourner Education Foundation ($73k), Cpe of Central California ($73k) and Morrish and Elms RD Elementary PTO Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $367k against liabilities of $0, net assets of $367k.