Bingham-Waggoner Historical Society

Analysis

Bingham-Waggoner Historical Society is a registered charity in United States, based in Independence, MO. It received its IRS tax-exemption ruling in November 1979, 47 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, Bingham-Waggoner Historical Society reported income of $70k and spending of $40k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $70k (-11%), an average of -11% a year. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bingham-Waggoner Historical Society sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MO. Charities of a similar size with the same main cause include United Fund of Iowa County Inc ($70k), Meals on Wheels of Mason City Inc ($70k) and Abilitypath Auxiliary ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 39% of the total. At year end it held assets of $396k against liabilities of $18k, net assets of $379k.