Vigo County Historical Society

Analysis

Vigo County Historical Society is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in February 1948, 78 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, Vigo County Historical Society reported income of $596k and spending of $428k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $596k (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 283%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vigo County Historical Society sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Penobscot Foundation for Developmental Services ($596k), Birth Haven Inc ($596k) and The Phoenix Chorale ($596k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $61k (14% of expenses). At year end it held assets of $5.8m against liabilities of $6,028, net assets of $5.8m. It reported 6 employees.