Fort Stockton Historical Society

Analysis

Fort Stockton Historical Society is a registered charity in United States, based in Fort Stockton, TX. It received its IRS tax-exemption ruling in June 1956, 70 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 February 2024, Fort Stockton Historical Society reported income of $435k and spending of $283k, leaving 35% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income grew from $295k to $435k (+48%), an average of +10% a year. The sharpest change came in the year to February 2024, when income rose by 54%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Stockton Historical Society sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Nottingham Volunteer Fire Company ($435k), Paul Zee Foundation ($435k) and Olympia Symphony Orchestra ($435k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 1.0% and program service revenue 44% of the total. Other salaries and wages came to $125k. At year end it held assets of $1.4m against liabilities of $1,889, net assets of $1.4m. It reported 12 employees.