Wayne County Historical Association Inc

Analysis

Wayne County Historical Association Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in May 1979, 47 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, Wayne County Historical Association Inc reported income of $291k and spending of $87k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $291k (+189%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wayne County Historical Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Northern Ohio Youth Orchestra Inc ($291k), Opening Word Program Inc ($291k) and Tau Beta Association ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $35k (40% of expenses). Other salaries and wages came to $16k. At year end it held assets of $723k against liabilities of $1,531, net assets of $721k. It reported 2 employees.