Walnut Creek Historical Society

Analysis

Walnut Creek Historical Society is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in August 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Walnut Creek Historical Society reported income of $293k and spending of $245k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $293k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Walnut Creek Historical Society 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 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Detroit Yacht Club Foundation ($293k), National Latina-O Psychological Association ($293k) and The Sandra Bornstein Holocaust Education Center ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 61% of the total. Other salaries and wages came to $109k. At year end it held assets of $1.0m against liabilities of $44k, net assets of $989k. It reported 7 employees.