Wayland Historical Society Inc

Analysis

Wayland Historical Society Inc is a registered charity in United States, based in Wayland, KY. It received its IRS tax-exemption ruling in February 1996, 30 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, Wayland Historical Society Inc reported income of $129k and spending of $393k, spending 305% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $129k (+236%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 557%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wayland Historical Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within KY. Charities of a similar size with the same main cause include Ayer Public Access Corporation ($129k), The Arlington Chorale ($129k) and T Thomas Fortune Foundation ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $213k against liabilities of $1,695, net assets of $211k.