Washington County Historical Society Inc

Analysis

Washington County Historical Society Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Washington County Historical Society Inc reported income of $159k and spending of $205k, spending 129% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $219k to $159k (-27%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington County Historical Society Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Photographic Art & Science Foundation Incorporated ($159k), James M Stewart Museum Foundation ($159k) and Quincy Music Theatre Inc ($159k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $44k (22% of expenses). Other salaries and wages came to $60k. It paid $3,000 in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $3,394, net assets of $4.3m. It reported 6 employees.