Worthington Historical Society Inc

Analysis

Worthington Historical Society Inc is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in October 1962, 64 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Worthington Historical Society Inc reported income of $150k and spending of $121k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $166k to $150k (-9.6%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Worthington Historical Society Inc sits at the 53rd 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 OH. Charities of a similar size with the same main cause include Releve Collective Inc ($150k), Legworks Dance Competition Inc ($150k) and Herring Pond Wampanoag Tribal Council Inc ($150k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $44k (36% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 3 employees.