Madison County Historical Society Inc

Analysis

Madison County Historical Society Inc is a registered charity in United States, based in Edwardsville, IL. It received its IRS tax-exemption ruling in December 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, Madison County Historical Society Inc reported income of $283k and spending of $469k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $283k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 653%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison County Historical Society Inc 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 Virginia Orthodontic Education & Research Foundation ($283k), American Friends of Yad Layeled ($283k) and United Way of Thomas County Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Other salaries and wages came to $52k. At year end it held assets of $761k against liabilities of $0, net assets of $761k. It reported 5 employees.