North Okaloosa Historical Association Inc

Analysis

North Okaloosa Historical Association Inc is a registered charity in United States, based in Baker, FL. It received its IRS tax-exemption ruling in May 1993, 33 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, North Okaloosa Historical Association Inc reported income of $66k and spending of $45k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $66k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Okaloosa Historical Association Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Pioneer Orchestra Parents Society Inc ($66k), Inland Northwest Musicians Inc ($66k) and Center for International Media Action Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $246k against liabilities of $715, net assets of $245k.