Catoctin Furnace Historical Society Inc

Analysis

Catoctin Furnace Historical Society Inc is a registered charity in United States, based in Thurmont, MD. It received its IRS tax-exemption ruling in August 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, Catoctin Furnace Historical Society Inc reported income of $499k and spending of $183k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $499k (+96%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catoctin Furnace Historical Society Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Carl-Con Group Home Inc ($499k), Public Leadership Education Network Plen ($499k) and Tax-Aid ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Other salaries and wages came to $13k. At year end it held assets of $663k against liabilities of $0, net assets of $663k.