Bastrop County Historical Society Inc

Analysis

Bastrop County Historical Society Inc is a registered charity in United States, based in Bastrop, TX. It received its IRS tax-exemption ruling in September 1966, 60 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 September 2023, Bastrop County Historical Society Inc reported income of $188k and spending of $256k, spending 136% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $193k to $188k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to September 2022, when income rose by 78%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bastrop County Historical Society Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Friends of the John D Calandra Italian American Institute ($188k), The International Society of Palm Beach Inc ($188k) and Juvenile Justice Advocates International ($188k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 8.7% of the total. Other salaries and wages came to $51k. At year end it held assets of $1.3m against liabilities of $238, net assets of $1.3m. It reported 4 employees.

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.