Switzerland Co Historical Society Main & Market St

Analysis

Switzerland Co Historical Society Main & Market St is a registered charity in United States, based in Vevay, IN. It received its IRS tax-exemption ruling in December 1990, 36 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, Switzerland Co Historical Society Main & Market St reported income of $80k and spending of $99k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $83k to $80k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 145% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Switzerland Co Historical Society Main & Market St sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within IN. Charities of a similar size with the same main cause include Hart Interdenominational Ministry Inc ($80k), Little League Baseball Inc ($80k) and American Association of Jewish Lawyers and Jurists ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $12k (12% of expenses). Other salaries and wages came to $5,040. At year end it held assets of $577k against liabilities of $1,837, net assets of $575k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.