Ashland Historical Society Inc

Analysis

Ashland Historical Society Inc is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in November 1980, 46 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, Ashland Historical Society Inc reported income of $229k and spending of $35k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $229k (+308%), an average of +308% a year. The sharpest change came in the year to December 2023, when income rose by 308%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashland Historical Society Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Montecito Firefighters Charitable Foundation ($229k), Elkland Search & Rescue Association Inc ($229k) and Chino Valley Family Church ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.2% of the total. At year end it held assets of $368k against liabilities of $0, net assets of $368k.