Firelands Historical Society

Analysis

Firelands Historical Society is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in September 1959, 67 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 2023, Firelands Historical Society reported income of $237k and spending of $50k, leaving 79% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $56k to $237k (+324%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 31% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Firelands Historical Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Partnership Inc ($236k), Philosophy of Science Association ($237k) and Indigenousways ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 0.4% of the total. At year end it held assets of $809k against liabilities of $0, net assets of $809k.