Boca Grande Historical Society Inc

Analysis

Boca Grande Historical Society Inc is a registered charity in United States, based in Boca Grande, FL. It received its IRS tax-exemption ruling in September 1995, 31 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 June 2024, Boca Grande Historical Society Inc reported income of $304k and spending of $247k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $221k to $304k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boca Grande Historical Society Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Inland and Desert Hillel Council ($304k), Reframe Youth Arts Center ($304k) and National Society of the Daughters of the American Revolution ($304k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 8.0% of the total. Other salaries and wages came to $119k. At year end it held assets of $745k against liabilities of $4,869, net assets of $741k. It reported 3 employees.