Howard County Historical Society Inc

Analysis

Howard County Historical Society Inc is a registered charity in United States, based in Ellicott, MD. It received its IRS tax-exemption ruling in March 1960, 66 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 December 2023, Howard County Historical Society Inc reported income of $341k and spending of $365k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $358k to $341k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Howard County Historical Society Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Ashland Greenwood Public Schools Foundation ($341k), Stage Directors & Choreographers Workshop Foundation Inc ($341k) and Bayou Preservation Association Inc ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $114k (31% of expenses). At year end it held assets of $749k against liabilities of $0, net assets of $749k. It reported 8 employees.