Cape Charles Historical Society

Analysis

Cape Charles Historical Society is a registered charity in United States, based in Cape Charles, VA. It received its IRS tax-exemption ruling in March 1990, 36 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, Cape Charles Historical Society reported income of $69k and spending of $100k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $69k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cape Charles Historical Society sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Collaborative Urban Sculpture ($69k), Stamford Veterans Park Partnership Inc ($69k) and Red Horse Center for Collaborative Leadership ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 3.9% of the total. At year end it held assets of $843k against liabilities of $0, net assets of $843k.