Pine County Historical Society

Analysis

Pine County Historical Society is a registered charity in United States, based in Askov, MN. It received its IRS tax-exemption ruling in January 1966, 60 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 June 2023, Pine County Historical Society reported income of $351k and spending of $274k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $222k to $351k (+58%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pine County Historical Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Shelby Oaks Housing Inc ($351k), Jeremiah House Inc ($351k) and Historical Society of Ocean Grove New Jersey Inc ($351k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 1.8% of the total. Other salaries and wages came to $129k. At year end it held assets of $698k against liabilities of $4,487, net assets of $694k. It reported 20 employees.