Sebring Historical Society Inc

Analysis

Sebring Historical Society Inc is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Sebring Historical Society Inc reported income of $62k and spending of $72k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $62k (-49%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sebring Historical Society Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Quilt Guild of Greater Houston ($62k), Washington Wine and Cheese Seminar ($62k) and Healthy Community Healthy Youth Initiative Livingston Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 60% of the total. At year end it held assets of $151k against liabilities of $819, net assets of $150k.