Simpson County Historical Society

Analysis

Simpson County Historical Society is a registered charity in United States, based in Franklin, KY. It received its IRS tax-exemption ruling in August 1985, 41 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, Simpson County Historical Society reported income of $204k and spending of $185k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $204k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Simpson County Historical Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Massachusetts Peace Action Education Fund ($204k), Little League Baseball Inc ($204k) and Iron Lives Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 1.5% of the total. Other salaries and wages came to $102k. At year end it held assets of $628k against liabilities of $2,445, net assets of $626k. It reported 5 employees.