Historical Society of Sarasota County

Analysis

Historical Society of Sarasota County is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 1977, 49 years ago. 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 April 2024, Historical Society of Sarasota County reported income of $87k and spending of $58k, leaving 33% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income fell from $173k to $87k (-50%), an average of -50% a year. The sharpest change came in the year to April 2024, when income dropped by 50%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historical Society of Sarasota County sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include International Evangelism Ministry Inc ($87k), Si Se Puede Inc ($87k) and American Friends of the Bugatti TR Inc ($87k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $424k against liabilities of $1,245, net assets of $423k.