Union County Historical Society Inc

Analysis

Union County Historical Society Inc is a registered charity in United States, based in New Albany, MS. It received its IRS tax-exemption ruling in March 1993, 33 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 December 2023, Union County Historical Society Inc reported income of $280k and spending of $208k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $280k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 35%. 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, Union County Historical Society Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MS. Charities of a similar size with the same main cause include Fund for the Arts Inc ($280k), Willis Band Booster Club ($280k) and Habitat for Humanity International Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.9m against liabilities of $106k, net assets of $1.8m. It reported 2 employees.