Colleton County Historial & Preservation Society

Analysis

Colleton County Historial & Preservation Society is a registered charity in United States, based in Walterboro, SC. It received its IRS tax-exemption ruling in April 2006, 20 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, Colleton County Historial & Preservation Society reported income of $57k and spending of $56k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $57k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 2004%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colleton County Historial & Preservation Society sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within SC. Charities of a similar size with the same main cause include Seicento Baroque Ensemble ($57k), Kingsville Symphony Orchestra Society ($57k) and Woman Kraft ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $7,900 (14% of expenses). At year end it held assets of $655k against liabilities of $33k, net assets of $622k.