Des Moines County Historial Society

Analysis

Des Moines County Historial Society is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in July 1975, 51 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 January 2024, Des Moines County Historial Society reported income of $220k and spending of $298k, spending 135% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $317k to $220k (-31%), an average of -8.7% a year. The sharpest change came in the year to January 2024, when income dropped by 50%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Des Moines County Historial Society sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Sanford Soup Kitchen Inc ($220k), Wellesley Friendly Aid Association ($220k) and Austintown Little League Association ($220k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 34% and program service revenue 23% of the total. Other salaries and wages came to $112k. At year end it held assets of $3.6m against liabilities of $4,511, net assets of $3.6m. It reported 7 employees.