Fort Lauderdale Historical Society Inc

Analysis

Fort Lauderdale Historical Society Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in August 1963, 63 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 September 2023, Fort Lauderdale Historical Society Inc reported income of $910k and spending of $865k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $511k to $910k (+78%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 44%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Lauderdale Historical Society Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include San Leandro Improvement Association ($910k), Alliance for Better Long Term Care ($910k) and European Christian Mission ($910k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $98k (11% of expenses). Other salaries and wages came to $442k. At year end it held assets of $1.9m against liabilities of $89k, net assets of $1.8m. It reported 6 employees.