North Central Nevada Historical Society

Analysis

North Central Nevada Historical Society is a registered charity in United States, based in Winnemucca, NV. 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, North Central Nevada Historical Society reported income of $266k and spending of $467k, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $266k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Central Nevada Historical Society sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within NV. Charities of a similar size with the same main cause include Lake Region Hockey Association ($266k), Queen Annes Conservation Association Inc ($266k) and Fearrington Cares ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $141k. At year end it held assets of $1.1m against liabilities of $1,427, net assets of $1.1m. It reported 5 employees.

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.