St Petersburg Historical Society

Analysis

St Petersburg Historical Society is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 1957, 69 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 March 2024, St Petersburg Historical Society reported income of $822k and spending of $991k, spending 121% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $923k to $822k (-11%), an average of -2.8% a year. The sharpest change came in the year to March 2022, when income rose by 120%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Petersburg Historical Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include FWCS Foundation Inc ($822k), Gallatin Foundation Incorporated ($822k) and Five Star Senior Center Inc ($822k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 52% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $112k (11% of expenses). Other salaries and wages came to $412k. At year end it held assets of $5.1m against liabilities of $53k, net assets of $5.0m. It reported 21 employees.