Mint Hill Historical Society

Analysis

Mint Hill Historical Society is a registered charity in United States, based in Mint Hill, NC. It received its IRS tax-exemption ruling in June 1992, 34 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 December 2023, Mint Hill Historical Society reported income of $229k and spending of $205k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $248k to $229k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mint Hill Historical Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Encore Theatrical Company ($229k), Powerstories Theatre of Tampa Bay Inc ($229k) and Experimental Chinese School Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 4.1% of the total. At year end it held assets of $2.1m against liabilities of $73k, net assets of $2.0m.