Wayne County Historical Society of Ohio

Analysis

Wayne County Historical Society of Ohio is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in July 1987, 39 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, Wayne County Historical Society of Ohio reported income of $85k and spending of $156k, spending 183% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $85k (-4.5%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 226%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wayne County Historical Society of Ohio sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Rio Grande Valley Celtic Festival Association ($85k), Lawrence N Greenleaf Masonic Building Association ($85k) and PK Charities Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $12k (7.6% of expenses). Other salaries and wages came to $7,328. At year end it held assets of $3.1m against liabilities of $2,516, net assets of $3.1m. It reported 2 employees.