Douglas County Historical Society

Analysis

Douglas County Historical Society is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in May 1977, 49 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, Douglas County Historical Society reported income of $90k and spending of $136k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $91k to $90k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 145% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Douglas County Historical Society sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Tommy Hornburg Evangelistic Association Inc ($90k), Associated Colleges of the St Lawrence Valley ($90k) and Habitat for Humanity International Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $51k (37% of expenses). Other salaries and wages came to $17k. At year end it held assets of $1.1m against liabilities of $1,973, net assets of $1.1m. It reported 2 employees.