Jefferson County Historical Society

Analysis

Jefferson County Historical Society is a registered charity in United States, based in Mount Vernon, IL. It received its IRS tax-exemption ruling in April 1978, 48 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, Jefferson County Historical Society reported income of $99k and spending of $100k, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $60k to $99k (+65%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 136% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jefferson County Historical Society sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Autism Society of America ($99k), Lion Wise Inc ($99k) and Friends of the Hortense Miller Garden Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $31k. At year end it held assets of $544k against liabilities of $1,705, net assets of $543k. It reported 3 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.