Charlevoix Historical Society

Analysis

Charlevoix Historical Society is a registered charity in United States, based in Charlevoix, MI. It received its IRS tax-exemption ruling in July 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, Charlevoix Historical Society reported income of $285k and spending of $207k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $175k to $285k (+63%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charlevoix Historical Society 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 MI. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($285k), Annapolis Arts Alliance Inc ($285k) and Rowan County Youth Services Bureau Inc ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $56k (27% of expenses). Other salaries and wages came to $17k. At year end it held assets of $680k against liabilities of $342, net assets of $680k. It reported 4 employees.