Burbank Historical Society

Analysis

Burbank Historical Society is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in September 1975, 51 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 September 2024, Burbank Historical Society reported income of $75k and spending of $78k, spending 103% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $22k to $75k (+245%), an average of +36% a year. The sharpest change came in the year to September 2022, when income rose by 147%. Over the whole period it spent 196% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burbank Historical Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($75k), Vestavia Hills Parent Teacher Organization Inc ($76k) and Courtland Volunteer Rescue Squad Inc ($75k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.