Rice County Historical Society

Analysis

Rice County Historical Society is a registered charity in United States, based in Lyons, KS. It received its IRS tax-exemption ruling in March 1966, 60 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, Rice County Historical Society reported income of $206k and spending of $213k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $206k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rice County Historical Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KS. Charities of a similar size with the same main cause include International Association of Lions Clubs ($206k), Columbus Christian School Inc ($206k) and Trevilians Volunteer Fire Dept Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $49k (23% of expenses). Other salaries and wages came to $51k. At year end it held assets of $1.7m against liabilities of $6,001, net assets of $1.7m. It reported 5 employees.