Larimore Community Museum and Historical Association

Analysis

Larimore Community Museum and Historical Association is a registered charity in United States, based in Larimore, ND. It received its IRS tax-exemption ruling in July 1984, 42 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, Larimore Community Museum and Historical Association reported income of $73k and spending of $62k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $73k (+434%), an average of +434% a year. The sharpest change came in the year to December 2023, when income rose by 434%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Larimore Community Museum and Historical Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 20th percentile within ND. Charities of a similar size with the same main cause include Camp Dellwater ($73k), PTA California Congress of Parents Teachers & Students Inc ($73k) and Vine Associates ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.