Saugatuck-Douglas Historical Society

Analysis

Saugatuck-Douglas Historical Society is a registered charity in United States, based in Douglas, MI. It received its IRS tax-exemption ruling in February 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saugatuck-Douglas Historical Society reported income of $186k and spending of $244k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $186k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saugatuck-Douglas Historical Society sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include San Marcos Girls Softball League Inc ($186k), National Ambucs Inc ($186k) and Aikido Yoshokai Association of North America ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $57k (23% of expenses). At year end it held assets of $1.3m against liabilities of $3,471, net assets of $1.3m. It reported 1 employees.