Florida Historical Society

Analysis

Florida Historical Society is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in June 1944, 82 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 December 2023, Florida Historical Society reported income of $886k and spending of $729k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $839k to $886k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 963%. 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, Florida Historical Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Crossroads Crisis Center Inc ($886k), North Campus Development Corp ($887k) and Wylie Band Booster Club ($886k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 32% of the total. Other salaries and wages came to $309k. At year end it held assets of $1.5m against liabilities of $12k, net assets of $1.5m. It reported 10 employees.