Houston County Historical Society

Analysis

Houston County Historical Society is a registered charity in United States, based in Caledonia, MN. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Houston County Historical Society reported income of $83k and spending of $63k, leaving 25% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income fell from $286k to $83k (-71%), an average of -34% a year. The sharpest change came in the year to September 2022, when income rose by 112%. Over the whole period it spent 31% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Houston County Historical Society sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Rockford Public Library ($83k), Milam Community Theatre Incorporated ($83k) and Middleton Community Orchestra Inc ($83k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $2.9m against liabilities of $1,000, net assets of $2.9m.