Lasalle County Historical Society

Analysis

Lasalle County Historical Society is a registered charity in United States, based in Utica, IL. It received its IRS tax-exemption ruling in May 1964, 62 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, Lasalle County Historical Society reported income of $167k and spending of $214k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $167k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 143% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lasalle County Historical Society sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Milford Youth Soccer Association ($167k), Little League Baseball Inc ($167k) and Twin Cities Womens Choir ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. Other salaries and wages came to $104k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 5 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.