Cedar Falls Iowa Historical Society

Analysis

Cedar Falls Iowa Historical Society is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in September 1964, 62 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, Cedar Falls Iowa Historical Society reported income of $397k and spending of $304k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $645k to $397k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Falls Iowa Historical Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include East Texas Cares Resource Center Inc ($397k), National Association of Housing & Redevelopment Officials ($397k) and Mountain Right to Life Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $50k (17% of expenses). Other salaries and wages came to $44k. At year end it held assets of $4.4m against liabilities of $377k, net assets of $4.0m. It reported 3 employees.