Renville County Historical Society

Analysis

Renville County Historical Society is a registered charity in United States, based in Morton, MN. It received its IRS tax-exemption ruling in October 1991, 35 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, Renville County Historical Society reported income of $109k and spending of $116k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $109k (-56%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Renville County Historical Society sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Alpine Kiwanis Charities Fund Inc ($109k), Share Foundation Inc ($109k) and Sergeant Colton Levi Derr Foundation ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $42k (36% of expenses). Other salaries and wages came to $19k. At year end it held assets of $367k against liabilities of $6,832, net assets of $360k. It reported 3 employees.