Otter Tail County Historical Society

Analysis

Otter Tail County Historical Society is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in February 1945, 81 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, Otter Tail County Historical Society reported income of $468k and spending of $450k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $468k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Otter Tail County Historical Society sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Living Arts of Tulsa Incorporated ($468k), Friends of the East Broad Top Inc ($468k) and Missouri Restaurant Association Education Foundation ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 5.3% of the total. Other salaries and wages came to $202k. At year end it held assets of $913k against liabilities of $38k, net assets of $875k. It reported 8 employees.