Catawba County Historical Association Inc

Analysis

Catawba County Historical Association Inc is a registered charity in United States, based in Newton, NC. It received its IRS tax-exemption ruling in September 1956, 70 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 June 2024, Catawba County Historical Association Inc reported income of $601k and spending of $803k, spending 134% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $749k to $601k (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2022, when income rose by 116%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catawba County Historical Association Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Child Evangelism Fellowship Inc ($601k), Christian Family Media Ministries Inc ($601k) and Franciscan Sisters of the Poor Foundation Inc ($601k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 16% of the total. Other salaries and wages came to $306k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 15 employees.