Ormond Beach Historical Society Inc

Analysis

Ormond Beach Historical Society Inc is a registered charity in United States, based in Ormond Beach, FL. It received its IRS tax-exemption ruling in April 1979, 47 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, Ormond Beach Historical Society Inc reported income of $196k and spending of $235k, spending 120% of what it took in. Across the 6 years on record, from December 2019 to December 2023, income fell from $283k to $196k (-31%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income rose by 262%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ormond Beach Historical Society Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Tamora Volunteer Fire Department Inc ($196k), Don Clowers Ministries Inc ($196k) and Grove City Area United Way ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 6.4% of the total. Other salaries and wages came to $87k. At year end it held assets of $978k against liabilities of $3,696, net assets of $975k. It reported 4 employees.