Rudd Historical Society

Analysis

Rudd Historical Society is a registered charity in United States, based in Rudd, IA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rudd Historical Society reported income of $66k and spending of $7,123, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $233k to $66k (-72%), an average of -72% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 9.7% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rudd Historical Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IA. Charities of a similar size with the same main cause include LA Casa de LA Herencia Cultural Puertorriquena Inc ($66k), The S S Columbia Project ($66k) and Bach Collegium-Fort Wayne Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.