Koochiching County Historical Society

Analysis

Koochiching County Historical Society is a registered charity in United States, based in Intl Falls, MN. It received its IRS tax-exemption ruling in January 1958, 68 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, Koochiching County Historical Society reported income of $207k and spending of $160k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $154k to $207k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Koochiching County Historical Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($207k), Little League Baseball Inc ($207k) and Cass County Historical Society ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 4.8% of the total. Other salaries and wages came to $40k. At year end it held assets of $314k against liabilities of $2,326, net assets of $312k. It reported 2 employees.