Thomas County Historical Society

Analysis

Thomas County Historical Society is a registered charity in United States, based in Colby, KS. It received its IRS tax-exemption ruling in January 1961, 65 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, Thomas County Historical Society reported income of $311k and spending of $282k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $453k to $311k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thomas County Historical Society sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within KS. Charities of a similar size with the same main cause include Boy Scouts of America ($311k), Nami Washtenaw County ($311k) and Wichita Medical Research & Education Foundation ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 19% of the total. Other salaries and wages came to $124k. At year end it held assets of $1.2m against liabilities of $4,597, net assets of $1.2m. It reported 14 employees.