Chesapeake and Ohio Historical Society Inc

Analysis

Chesapeake and Ohio Historical Society Inc is a registered charity in United States, based in Clifton Forge, VA. It received its IRS tax-exemption ruling in April 1977, 49 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, Chesapeake and Ohio Historical Society Inc reported income of $458k and spending of $552k, spending 120% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $384k to $458k (+19%), an average of +3.6% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chesapeake and Ohio Historical Society Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Bay Area Bike Project Inc ($458k), St Martin de Porres Center Inc ($458k) and Sun Community Service ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. Other salaries and wages came to $223k. At year end it held assets of $4.6m against liabilities of $287k, net assets of $4.3m. It reported 11 employees.