Piedmont Historical Society Inc

Analysis

Piedmont Historical Society Inc is a registered charity in United States, based in Piedmont, AL. It received its IRS tax-exemption ruling in August 2015, 11 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 September 2023, Piedmont Historical Society Inc reported income of $76k and spending of $88k, spending 116% of what it took in. Across the 2 years on record, from September 2021 to September 2023, income fell from $102k to $76k (-26%), an average of -26% a year. The sharpest change came in the year to September 2023, when income dropped by 26%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Piedmont Historical Society Inc 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 30th percentile, and in the 28th percentile within AL. Charities of a similar size with the same main cause include Lake Arrowhead Classical Ballet Company ($76k), Boothbay Region Community Television ($76k) and Ohio Choral Directors Association ($76k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $468k against liabilities of $0, net assets of $468k.