Vernon County Historical Society

Analysis

Vernon County Historical Society is a registered charity in United States, based in Nevada, MO. It received its IRS tax-exemption ruling in May 1987, 39 years ago. 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 December 2023, Vernon County Historical Society reported income of $63k and spending of $105k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $68k to $63k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vernon County Historical Society sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include Mid Iowa Antique Power Association Inc ($63k), Amateur Athletic Union of the United States ($63k) and Coachella Valley Alumnae Panhellenic Association ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 4.2% of the total. Other salaries and wages came to $49k. At year end it held assets of $1.1m against liabilities of $2,477, net assets of $1.1m. It reported 3 employees.