Grundy County Historical Society

Analysis

Grundy County Historical Society is a registered charity in United States, based in Tracy City, TN. It received its IRS tax-exemption ruling in February 2004, 22 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, Grundy County Historical Society reported income of $146k and spending of $54k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $146k (+231%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 244%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grundy County 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 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Olalo of Hope - Kenya ($146k), Songs of Solomon an Inspirational Ensemble ($146k) and Wagner Society of Washington DC ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $937k against liabilities of $203k, net assets of $733k.