Pella Historical Society
Analysis
Pella Historical Society is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in May 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2024, Pella Historical Society reported income of $1.2m and spending of $1.3m, spending 110% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $1.2m to $1.2m (-1.1%), an average of -0.3% a year. The sharpest change came in the year to March 2022, when income rose by 35%. Over the whole period it spent 100% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pella Historical Society sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include The American Coaster Enthusiasts Inc ($1.2m), Childrens Imaginarium Inc ($1.2m) and Albuquerque Little Theatre Inc ($1.2m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 15% and program service revenue 56% of the total. Other salaries and wages came to $338k. At year end it held assets of $6.2m against liabilities of $12k, net assets of $6.2m. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 56%
- Other 29%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The American Coaster Enthusiasts Inc | Grand Prairie | $1.2m |
| Childrens Imaginarium Inc | Wausau | $1.2m |
| Albuquerque Little Theatre Inc | Albuquerque | $1.2m |
| Faith Broadcasting Inc | Montgomery | $1.2m |