Anderson Island Historical Society

Analysis

Anderson Island Historical Society is a registered charity in United States, based in Anderson Is, WA. It received its IRS tax-exemption ruling in November 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, Anderson Island Historical Society reported income of $76k and spending of $61k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $76k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anderson Island 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 25th percentile within WA. Charities of a similar size with the same main cause include Chicago Black Methodists for Church Renewal Inc ($76k), Swiss Relief Society of Los Angeles ($76k) and Steppin in Foundation Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 2.3% of the total. At year end it held assets of $868k against liabilities of $2,982, net assets of $865k.