National Genealogical Society

Analysis

National Genealogical Society is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, National Genealogical Society reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $1.9m (+28%), an average of +6.4% a year. The sharpest change came in the year to September 2021, when income rose by 119%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Genealogical Society sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include St Johns Healthcare Foundation ($1.9m), Groton Community School Inc ($1.9m) and Tri-Town Young Mens Christian Association ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $147k (8.9% of expenses). Other salaries and wages came to $208k. At year end it held assets of $2.9m against liabilities of $709k, net assets of $2.2m. It reported 5 employees.