Lake of the Woods County Historical Society County Courthouse

Analysis

Lake of the Woods County Historical Society County Courthouse is a registered charity in United States, based in Baudette, MN. It received its IRS tax-exemption ruling in August 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, Lake of the Woods County Historical Society County Courthouse reported income of $168k and spending of $139k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $168k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 69%. 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, Lake of the Woods County Historical Society County Courthouse sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Lariat Creek Christian Camp Inc ($168k), Corcoran Community Christians for Emergency Aid ($168k) and Pop Warner Little Scholars Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Other salaries and wages came to $56k. At year end it held assets of $749k against liabilities of $4,033, net assets of $745k. It reported 3 employees.