Georgia Historical Society

Analysis

Georgia Historical Society is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in May 1951, 75 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 2023, Georgia Historical Society reported income of $5.3m and spending of $4.1m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $5.3m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Historical Society sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Dominican Womens Devel Center ($5.3m), Wyoming Health Fairs ($5.3m) and Pee Dee Coalition Against Domestic and Sexual Assault ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $738k (18% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $32.1m against liabilities of $1.8m, net assets of $30.3m. It reported 34 employees.