Becker County Historical Society

Analysis

Becker County Historical Society is a registered charity in United States, based in Detroit Lakes, MN. It received its IRS tax-exemption ruling in December 1972, 54 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, Becker County Historical Society reported income of $1.3m and spending of $1.4m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $1.3m (+262%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 263%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Becker County Historical Society sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Learning Village Inc ($1.3m), Life Savers Conference Inc ($1.3m) and Union Community Action Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.9% of the total. Other salaries and wages came to $183k. At year end it held assets of $1.7m against liabilities of $31k, net assets of $1.7m. It reported 8 employees.