Madison Historical Society

Analysis

Madison Historical Society is a registered charity in United States, based in Madison, OH. It received its IRS tax-exemption ruling in April 1981, 45 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 April 2024, Madison Historical Society reported income of $50k and spending of $26k, leaving 47% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income fell from $73k to $50k (-31%), an average of -31% a year. The sharpest change came in the year to April 2024, when income dropped by 31%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison Historical Society sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within OH. Charities of a similar size with the same main cause include Chess in Education - US LLC ($50k), Steven Whitehouse and Friends ($50k) and American Inns of Court Foundation ($50k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 70% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.