Hinsdale County Historical Society

Analysis

Hinsdale County Historical Society is a registered charity in United States, based in Lake City, CO. It received its IRS tax-exemption ruling in September 1976, 50 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, Hinsdale County Historical Society reported income of $127k and spending of $69k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $127k (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hinsdale County Historical Society sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Jewish Federation of Greater New Bedford Inc ($127k), The Strongpoint Theinert Ranch Inc 17 Crescent Way ($127k) and Intervention Instruction Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. Other salaries and wages came to $10k. At year end it held assets of $880k against liabilities of $274, net assets of $880k. It reported 4 employees.