Afton Historical Society

Analysis

Afton Historical Society is a registered charity in United States, based in Afton, MN. It received its IRS tax-exemption ruling in August 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, Afton Historical Society reported income of $60k and spending of $38k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $201k to $60k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Afton Historical Society sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($60k), Down Syndrome Association of the Hudson Valley Inc ($60k) and Friends of the Up Island Council on Aging Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $115k against liabilities of $37k, net assets of $78k.