Old Buncombe County Genealogical Society Inc

Analysis

Old Buncombe County Genealogical Society Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 1981, 45 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, Old Buncombe County Genealogical Society Inc reported income of $51k and spending of $54k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $51k (+0.6%), an average of +0.6% a year. 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, Old Buncombe County Genealogical Society Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Academy Foundation Inc ($51k), Dobbs Ferry Historical Society ($51k) and Sebago Lakes Region Fuller Center for Housing ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 4.5% of the total. At year end it held assets of $242k against liabilities of $191, net assets of $242k.