Sherburne County Historical Society

Analysis

Sherburne County Historical Society is a registered charity in United States, based in Becker, MN. It received its IRS tax-exemption ruling in January 1984, 42 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, Sherburne County Historical Society reported income of $400k and spending of $234k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $400k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sherburne County Historical Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Paint Township Volunteer Fire Department ($400k), Manchester Land Conservation Trust Inc ($400k) and Odd Fellows Home Association of the State of New York ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $61k (26% of expenses). Other salaries and wages came to $62k. At year end it held assets of $812k against liabilities of $6,400, net assets of $806k. It reported 5 employees.