Miami County Historical Society Inc

Analysis

Miami County Historical Society Inc is a registered charity in United States, based in Peru, IN. It received its IRS tax-exemption ruling in September 1983, 43 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, Miami County Historical Society Inc reported income of $168k and spending of $184k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $168k (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miami County Historical Society Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Veerashaiva Samaja of North America ($168k), V Y S a Travel Inc ($168k) and Christ Child Society of Toledo ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Other salaries and wages came to $97k. At year end it held assets of $4.7m against liabilities of $128, net assets of $4.7m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.