Waco Historical Society Inc

Analysis

Waco Historical Society Inc is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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, Waco Historical Society Inc reported income of $635k and spending of $311k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $390k to $635k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waco Historical Society Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include National Balloon Classic Ltd ($635k), Beaver Falls Community Development Corporation ($636k) and Sidewalk Detroit ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 2.7% of the total. Other salaries and wages came to $93k. At year end it held assets of $4.0m against liabilities of $152k, net assets of $3.8m. It reported 8 employees.