Palm Harbor Historical Society Inc

Analysis

Palm Harbor Historical Society Inc is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in January 1995, 31 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, Palm Harbor Historical Society Inc reported income of $85k and spending of $95k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $85k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palm Harbor Historical Society Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Beacon Historical Society ($85k), Putnam Chorale Ltd ($85k) and Little White Schoolhouse Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 2.9% of the total. At year end it held assets of $180k against liabilities of $137k, net assets of $43k.