Rock County Historical Society

Analysis

Rock County Historical Society is a registered charity in United States, based in Luverne, MN. It received its IRS tax-exemption ruling in January 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rock County Historical Society reported income of $297k and spending of $148k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $297k (+95%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 211%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rock County Historical Society sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include South Van Zandt Volunteer Fire Department Incorporated ($297k), Louisiana Preservation Alliance Inc ($297k) and Texoma Mother and Unborn Baby Care Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.6% of the total. Other salaries and wages came to $42k. At year end it held assets of $1.5m against liabilities of $2,764, net assets of $1.5m. It reported 1 employees.