Carroll County Historical Society Inc

Analysis

Carroll County Historical Society Inc is a registered charity in United States, based in Hillsville, VA. It received its IRS tax-exemption ruling in November 1984, 42 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 April 2024, Carroll County Historical Society Inc reported income of $51k and spending of $23k, leaving 54% of income unspent that year. Across the 3 years on record, from April 2022 to April 2024, income fell from $64k to $51k (-20%), an average of -11% a year. The sharpest change came in the year to April 2023, when income dropped by 43%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carroll County Historical Society Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Skowhegan Community Food Cupboard ($51k), Virginia Congress of Parents and Teachers ($51k) and Brook Park Booster Club ($51k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $11k. At year end it held assets of $577k against liabilities of $827, net assets of $576k. It reported 1 employees.