Beaches Area Historical Society Inc

Analysis

Beaches Area Historical Society Inc is a registered charity in United States, based in Jax BCH, FL. It received its IRS tax-exemption ruling in July 1981, 45 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 September 2023, Beaches Area Historical Society Inc reported income of $556k and spending of $509k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $403k to $556k (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2022, when income rose by 128%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beaches Area Historical Society Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include United Christian Ministries of Jackson County Inc ($556k), Pioneer Square Apartments ($556k) and Shelby Emergency Assistance Inc ($556k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $86k (17% of expenses). Other salaries and wages came to $122k. At year end it held assets of $3.2m against liabilities of $5,085, net assets of $3.2m. It reported 5 employees.