Historical Society of Quincy & Adams County Illinois

Analysis

Historical Society of Quincy & Adams County Illinois is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in September 1947, 79 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2023, Historical Society of Quincy & Adams County Illinois reported income of $495k and spending of $287k, leaving 42% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $143k to $495k (+246%), an average of +51% a year. The sharpest change came in the year to May 2021, when income rose by 80%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Society of Quincy & Adams County Illinois sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Kansas Oil & Gas Museum Foundation ($495k), Fundacion Biblioteca Rafael Hernandez Colon Inc ($495k) and Tangler American Legation Institute for Moroccan Studies ($495k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 93% and program service revenue 1.6% of the total. Other salaries and wages came to $115k. At year end it held assets of $1.2m against liabilities of $2,068, net assets of $1.1m. It reported 7 employees.