Marengo County Historical Society Inc

Analysis

Marengo County Historical Society Inc is a registered charity in United States, based in Demopolis, AL. It received its IRS tax-exemption ruling in May 1967, 59 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 November 2023, Marengo County Historical Society Inc reported income of $136k and spending of $110k, spending 81% of its income. Across the 5 years on record, from November 2019 to November 2023, income fell from $149k to $136k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to November 2021, when income rose by 79%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marengo County Historical Society Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AL. Charities of a similar size with the same main cause include Semans Art Fund ($136k), Masterworks Chorale ($136k) and Protect Wild Dolphins Alliance Inc ($136k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 67% and program service revenue 9.5% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.2m against liabilities of $1,404, net assets of $1.2m. It reported 3 employees.