Historical Association of South Haven

Analysis

Historical Association of South Haven is a registered charity in United States, based in South Haven, MI. It received its IRS tax-exemption ruling in September 2002, 24 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, Historical Association of South Haven reported income of $1.7m and spending of $106k, leaving 94% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $280k to $1.7m (+494%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 362%. Over the whole period it spent 11% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Association of South Haven sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Old Town Artisan Studio Inc ($1.7m), Carmel Christkindlmarkt Inc ($1.7m) and Pacific Locomotive Association Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $19k. At year end it held assets of $2.5m against liabilities of $1,228, net assets of $2.5m. It reported 1 employees.