Winnetka Historical Society

Analysis

Winnetka Historical Society is a registered charity in United States, based in Winnetka, IL. It received its IRS tax-exemption ruling in November 1955, 71 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, Winnetka Historical Society reported income of $290k and spending of $348k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $290k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winnetka Historical Society sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include McLennan Community Investment Fund ($290k), PTA Texas Congress ($290k) and Napa County Landmarks Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $153k (44% of expenses). At year end it held assets of $1.2m against liabilities of $6,201, net assets of $1.2m. It reported 5 employees.