Norman County Historical Society

Analysis

Norman County Historical Society is a registered charity in United States, based in Ada, MN. It received its IRS tax-exemption ruling in June 1975, 51 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 October 2023, Norman County Historical Society reported income of $73k and spending of $39k, leaving 46% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $59k to $73k (+24%), an average of +24% a year. The sharpest change came in the year to October 2023, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norman County Historical Society sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include PTA Florida Congress ($73k), Show Folks Retirement Village Inc ($73k) and Recovet ($73k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $195k against liabilities of $588, net assets of $194k.