Galena-Jo Daviess County Historical Society

Analysis

Galena-Jo Daviess County Historical Society is a registered charity in United States, based in Galena, IL. It received its IRS tax-exemption ruling in January 1946, 80 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, Galena-Jo Daviess County Historical Society reported income of $590k and spending of $454k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $454k to $590k (+30%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 314%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Galena-Jo Daviess 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 72nd percentile within IL. Charities of a similar size with the same main cause include Golden Lotus Inc ($590k), Havre Eagles Manor ($590k) and Auxiliary of the Lehigh Valley Hospital Center ($590k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $67k (15% of expenses). Other salaries and wages came to $112k. At year end it held assets of $5.2m against liabilities of $904k, net assets of $4.3m. It reported 9 employees.