The Stanly County Historical Society Incorporated

Analysis

The Stanly County Historical Society Incorporated is a registered charity in United States, based in Albemarle, NC. It received its IRS tax-exemption ruling in November 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Stanly County Historical Society Incorporated reported income of $155k and spending of $29k, leaving 81% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income fell from $203k to $155k (-24%), an average of -8.7% a year. The sharpest change came in the year to September 2023, when income rose by 691%. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Stanly County Historical Society Incorporated sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include The American Friends of Move the ($154k), Highway Sanctuary ($155k) and Young Indian Culture Group Inc ($154k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $781k against liabilities of $0, net assets of $781k.