Stanwood Area Historical Society

Analysis

Stanwood Area Historical Society is a registered charity in United States, based in Stanwood, WA. It received its IRS tax-exemption ruling in May 1975, 51 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, Stanwood Area Historical Society reported income of $249k and spending of $157k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $249k (+280%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 177%. 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, Stanwood Area Historical Society sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Kings Daughters & Sons First Circle ($249k), Armed Forces Council of Chicago ($249k) and Marysville Uptown Theatre LLC ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 5.5% of the total. Other salaries and wages came to $20k. At year end it held assets of $1.6m against liabilities of $1,921, net assets of $1.6m. It reported 3 employees.