Fort Larned Historical Society Inc

Analysis

Fort Larned Historical Society Inc is a registered charity in United States, based in Larned, KS. It received its IRS tax-exemption ruling in April 1960, 66 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, Fort Larned Historical Society Inc reported income of $157k and spending of $261k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $157k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Larned Historical Society Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within KS. Charities of a similar size with the same main cause include Little League Baseball Inc ($157k), Polish-American Educational Committee of San Francisco ($157k) and Kimberling Area Library Assoc ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). At year end it held assets of $2.3m against liabilities of $1,722, net assets of $2.3m. It reported 6 employees.