Florence Historical Foundation

Analysis

Florence Historical Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 1967, 59 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, Florence Historical Foundation reported income of $66k and spending of $79k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $19k to $66k (+243%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 146%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florence Historical Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NE. Charities of a similar size with the same main cause include St Josephs Villa Foundation ($66k), Clermont Mercy Hospital Guild Inc ($66k) and Nebraska Aquatics ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $753k against liabilities of $0, net assets of $753k.