Abbeville County Historical Society Inc

Analysis

Abbeville County Historical Society Inc is a registered charity in United States, based in Abbeville, SC. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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, Abbeville County Historical Society Inc reported income of $65k and spending of $94k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $311k to $65k (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abbeville County Historical Society Inc 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 26th percentile, and in the 32nd percentile within SC. Charities of a similar size with the same main cause include Senior Citizens of Charles City Area ($65k), Little League Baseball Inc ($65k) and Bible Made Simple Ministries ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $432k against liabilities of $0, net assets of $432k.