Bay County Historical Society

Analysis

Bay County Historical Society is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in September 1959, 67 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, Bay County Historical Society reported income of $359k and spending of $407k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $365k to $359k (-1.5%), an average of -0.4% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay County Historical Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Greater Community Missionary Baptist Church of Pacoima Californ ($359k), Phi Gamma Dela Landmark Preservation Assocation ($359k) and Monroe Electrical Joint Apprenticeship Training Fund ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 85% of the total. Other salaries and wages came to $195k. At year end it held assets of $995k against liabilities of $23k, net assets of $972k. It reported 8 employees.