Garland County Historical Society

Analysis

Garland County Historical Society is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in July 1967, 59 years ago. 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, Garland County Historical Society reported income of $77k and spending of $104k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $77k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garland County Historical Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within AR. Charities of a similar size with the same main cause include Oregon Area General Service Committee ($77k), Los Angeles African American Womens Public Policy Institute ($77k) and Bristol Players Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $29k (28% of expenses). At year end it held assets of $681k against liabilities of $1,864, net assets of $679k.