Waterville Historical Society

Analysis

Waterville Historical Society is a registered charity in United States, based in Waterville, OH. It received its IRS tax-exemption ruling in August 1974, 52 years ago. 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, Waterville Historical Society reported income of $56k and spending of $91k, spending 162% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $56k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waterville Historical Society sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include PTA Missouri Congress ($56k), American Inns of Court Foundation ($56k) and North Side High School Alumni Association Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 57% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.