Morgan County Historical Society Inc

Analysis

Morgan County Historical Society Inc is a registered charity in United States, based in Madison, GA. It received its IRS tax-exemption ruling in June 1968, 58 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, Morgan County Historical Society Inc reported income of $171k and spending of $136k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $171k (+158%), an average of +158% a year. The sharpest change came in the year to December 2023, when income rose by 158%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morgan County Historical Society Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Eden Prairie Girls Basketball ($171k), Galveston Electrical Joint Apprenticeship & Training Trust Fu ($171k) and Youth for Christ USA Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $314k against liabilities of $10k, net assets of $304k.