Mitchell County Historical Society

Analysis

Mitchell County Historical Society is a registered charity in United States, based in Osage, IA. It received its IRS tax-exemption ruling in October 1963, 63 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 September 2023, Mitchell County Historical Society reported income of $86k and spending of $109k, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $91k to $86k (-5.5%), an average of -1.4% a year. The sharpest change came in the year to September 2021, when income rose by 116%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mitchell County Historical Society sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IA. Charities of a similar size with the same main cause include Cedarbrook Camp Southern California ($86k), Barn Sale Inc ($86k) and PTA Oregon Congress ($86k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 31% and program service revenue 49% of the total. Other salaries and wages came to $17k. At year end it held assets of $402k against liabilities of $1,097, net assets of $401k. It reported 2 employees.