Ross County Historical Society Inc

Analysis

Ross County Historical Society Inc is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in August 1943, 83 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, Ross County Historical Society Inc reported income of $306k and spending of $384k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $329k to $306k (-7.2%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ross County Historical Society Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include KC BS and Beer Society ($306k), History Museum of Burke County Inc ($306k) and Foothills Forum ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $98k (26% of expenses). Other salaries and wages came to $112k. At year end it held assets of $6.9m against liabilities of $27k, net assets of $6.9m. It reported 11 employees.