Cherokee County Historical Society Inc

Analysis

Cherokee County Historical Society Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in August 1987, 39 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 2022, Cherokee County Historical Society Inc reported income of $1.6m and spending of $576k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $1.6m (+41%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 237%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cherokee County Historical Society Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Center for Latino Progress Connecticut Puerto Rican Forum Inc ($1.6m), Contra Costa Alternative School Inc ($1.6m) and University of Louisville TR ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 4.6% of the total. Other salaries and wages came to $249k. At year end it held assets of $5.8m against liabilities of $1.8m, net assets of $4.0m. It reported 8 employees.