Grant County Historical Society of Elbow Lake Minnesota

Analysis

Grant County Historical Society of Elbow Lake Minnesota is a registered charity in United States, based in Elbow Lake, MN. It received its IRS tax-exemption ruling in August 1992, 34 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, Grant County Historical Society of Elbow Lake Minnesota reported income of $63k and spending of $54k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $63k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grant County Historical Society of Elbow Lake Minnesota sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Aurora Illinois Kiwanis Foundation ($63k), Little League Baseball Inc ($63k) and Resurrection Home Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 52% of the total. At year end it held assets of $291k against liabilities of $0, net assets of $291k.