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Ocean View Historical Society

RegisteredEIN 26-1719840Ocean View, DEArts, culture, heritage and science
Income$146k2023-12
Spending$28ksame year
Spent / received36%2-year average
Size in its cause52nd pctArts, culture, heritage and science
Exempt since2008Publicly supported organisat
Employees–latest return

Analysis

Ocean View Historical Society is a registered charity in United States, based in Ocean View, DE. It received its IRS tax-exemption ruling in May 2008, 18 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, Ocean View Historical Society reported income of $146k and spending of $28k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $146k (+370%), an average of +370% a year. The sharpest change came in the year to December 2023, when income rose by 370%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ocean View Historical Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 41st percentile within DE. Charities of a similar size with the same main cause include Canton Preservation Society ($146k), Promoting Wellness Foundation ($146k) and Blast N Scrap ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $384k against liabilities of $0, net assets of $384k.

Income and spending

$0$36k$73k$109k$146k2022 Income: $31,0192022 Spending: $34,90920222023 Income: $145,6382023 Spending: $28,3332023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Other 5.1%

Similar-sized charities, same cause

CharityLocationIncome
Canton Preservation SocietyCanton$146k
Promoting Wellness FoundationFarmington Hills$146k
Blast N ScrapFort Collins$146k
Lexington Philharmonic Orchestra Foundation IncLexington$146k