Winnebago Historical Society

Analysis

Winnebago Historical Society is a registered charity in United States, based in Forest City, IA. It received its IRS tax-exemption ruling in May 1977, 49 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, Winnebago Historical Society reported income of $187k and spending of $175k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $187k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winnebago Historical Society sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IA. Charities of a similar size with the same main cause include Harrisburg Christian Performing Arts Center ($187k), Anew Living Inc ($187k) and New Geneva Academy Inc ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 1.5% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.