Cottonwood County Historical Society Inc

Analysis

Cottonwood County Historical Society Inc is a registered charity in United States, based in Windom, MN. It received its IRS tax-exemption ruling in July 1971, 55 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 September 2023, Cottonwood County Historical Society Inc reported income of $162k and spending of $139k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $135k to $162k (+19%), an average of +4.5% a year. The sharpest change came in the year to September 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cottonwood County Historical Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Friends of the Carpinteria Public Library ($162k), Child Care Partnership Resource and Referral Center Inc ($162k) and Little League Baseball Inc ($162k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% and program service revenue 3.9% of the total. Other salaries and wages came to $62k. At year end it held assets of $1.0m against liabilities of $2,291, net assets of $1.0m. It reported 6 employees.