Durant Historical Society Inc

Analysis

Durant Historical Society Inc is a registered charity in United States, based in Durant, OK. It received its IRS tax-exemption ruling in June 1975, 51 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, Durant Historical Society Inc reported income of $55k and spending of $81k, spending 148% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $46k to $55k (+20%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 186% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Durant Historical Society Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within OK. Charities of a similar size with the same main cause include Arthur S Kling Center Inc ($55k), Edward Walsh Memorial Foundation Inc ($55k) and PTA Oregon Congress ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $346k against liabilities of $954, net assets of $345k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.