Peninsula Library & Historical Society

Analysis

Peninsula Library & Historical Society is a registered charity in United States, based in Peninsula, OH. It received its IRS tax-exemption ruling in January 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Peninsula Library & Historical Society reported income of $726k and spending of $574k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $619k to $726k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peninsula Library & Historical Society 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 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Rose Hall ($726k), American Foundation for Bulgaria Inc ($726k) and Grace Christian Academy of Owensboro ($726k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $301k (52% of expenses). At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m. It reported 14 employees.