Oldham Co Historical Society Inc
Analysis
Oldham Co Historical Society Inc is a registered charity in United States, based in Lagrange, KY. It received its IRS tax-exemption ruling in August 1991, 35 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Oldham Co Historical Society Inc reported income of $365k and spending of $302k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $365k (+48%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 334%. Over the whole period it spent 57% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oldham Co Historical Society Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Journal of Philosophy Inc ($365k), Rocky Mountain Songwriter Festivals Inc ($365k) and Ai LA Community Inc ($365k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $61k (20% of expenses). Other salaries and wages came to $45k. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 3.4%
- Other 40%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Journal of Philosophy Inc | New York | $365k |
| Rocky Mountain Songwriter Festivals Inc | Red Lodge | $365k |
| Ai LA Community Inc | Los Angeles | $365k |
| Grace University | Pomona | $365k |