King William County Historical Society

Analysis

King William County Historical Society is a registered charity in United States, based in King William, VA. It received its IRS tax-exemption ruling in August 1997, 29 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 July 2024, King William County Historical Society reported income of $67k and spending of $44k, leaving 34% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income fell from $69k to $67k (-2.8%), an average of -2.8% a year. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, King William County Historical Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Synth Library Portland ($67k), Source One Five ($67k) and Seacoast Artist Guild of South Carolina Inc ($67k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $392k against liabilities of $0, net assets of $392k.