Clearwater Historical Society Inc

Analysis

Clearwater Historical Society Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in October 1985, 41 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 October 2023, Clearwater Historical Society Inc reported income of $250k and spending of $185k, leaving 26% of income unspent that year. Across the 6 years on record, from October 2018 to October 2023, income grew from $142k to $250k (+76%), an average of +12% a year. The sharpest change came in the year to October 2019, when income rose by 140%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clearwater Historical Society Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($250k), St Anns Parish Educational Endowment Fund Inc ($250k) and C2x Wrestling Academy Inc ($250k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. It paid $4,000 in professional fundraising fees. At year end it held assets of $476k against liabilities of $228, net assets of $476k.