Oil Gas and Industrial Historical Association Inc

Analysis

Oil Gas and Industrial Historical Association Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in June 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, Oil Gas and Industrial Historical Association Inc reported income of $189k and spending of $199k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $169k to $189k (+12%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oil Gas and Industrial Historical Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within WV. Charities of a similar size with the same main cause include Institute for Sustainability Education and Ecology ($189k), Historical Society of Idaho Springs ($189k) and Sweet Adelines International ($189k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. At year end it held assets of $2.4m against liabilities of $193k, net assets of $2.2m.