Southport Historical Society 119 Davis St

Analysis

Southport Historical Society 119 Davis St is a registered charity in United States, based in Southport, NC. It received its IRS tax-exemption ruling in May 1991, 35 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, Southport Historical Society 119 Davis St reported income of $78k and spending of $56k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $78k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southport Historical Society 119 Davis St 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 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Jewish Burial Association of Madison Inc ($78k), A Better Connecticut Institute ($78k) and St Joseph Figure Skating Club ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 29% of the total. At year end it held assets of $175k against liabilities of $1,149, net assets of $174k.