Oliver Springs Historical Society

Analysis

Oliver Springs Historical Society is a registered charity in United States, based in Oliver SPGS, TN. It received its IRS tax-exemption ruling in February 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Oliver Springs Historical Society reported income of $111k and spending of $50k, leaving 55% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $91k to $111k (+21%), an average of +22% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oliver Springs Historical Society sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Telos-Paul Piccone Institute Inc ($111k), Odyssey Chamber Music Series Inc ($111k) and Henderson County Historic Courthouse Corporation ($111k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $624k against liabilities of $41k, net assets of $583k.