Newnan-Coweta Historical Society Inc

Analysis

Newnan-Coweta Historical Society Inc is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in January 1977, 49 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 December 2023, Newnan-Coweta Historical Society Inc reported income of $276k and spending of $301k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $276k (+0.6%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newnan-Coweta Historical Society Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Missionary Fraternity of Mary Ltd ($276k), Parent Booster USA Inc ($276k) and St Charles Community College Foundation ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 17% of the total. Other salaries and wages came to $148k. At year end it held assets of $1.3m against liabilities of $15k, net assets of $1.3m. It reported 3 employees.