Hutsonville Historical Society Incorporated

Analysis

Hutsonville Historical Society Incorporated is a registered charity in United States, based in Hutsonville, IL. It received its IRS tax-exemption ruling in July 2002, 24 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 December 2020, Hutsonville Historical Society Incorporated reported income of $101k and spending of $3,817, leaving 96% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $204k to $101k (-50%), an average of -50% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 2.0% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hutsonville Historical Society Incorporated sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Greenville Arts Council ($101k), Camel City Playhouse ($101k) and American Friends of the Center for Wine and Civilization Inc ($101k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 99% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.