Union County Historical Society

Analysis

Union County Historical Society is a registered charity in United States, based in Elk Point, SD. It received its IRS tax-exemption ruling in January 1994, 32 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, Union County Historical Society reported income of $77k and spending of $66k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $77k (+219%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 528%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Union County Historical Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 24th percentile within SD. Charities of a similar size with the same main cause include Society of Women Engineers ($77k), M Club of the University of Michigan ($77k) and Village Cooperative School Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $576k against liabilities of $154k, net assets of $422k.