Golden Historical Society

Analysis

Golden Historical Society is a registered charity in United States, based in Golden, IL. It received its IRS tax-exemption ruling in October 1986, 40 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, Golden Historical Society reported income of $181k and spending of $59k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $27k to $181k (+581%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golden Historical Society sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Little League Baseball Inc ($181k), Findlay Amateur Hockey Association ($181k) and Support 7 ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.