Lavaca Historical Museum

Analysis

Lavaca Historical Museum is a registered charity in United States, based in Hallettsville, TX. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2024, Lavaca Historical Museum reported income of $70k and spending of $63k, spending 90% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $52k to $70k (+34%), an average of +7.7% a year. The sharpest change came in the year to March 2024, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lavaca Historical Museum 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 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Big Brains Education Enrichment ($70k), Hispanic Managers Association Inc ($70k) and Eagle Free Library ($70k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $23k. At year end it held assets of $610k against liabilities of $548, net assets of $610k. It reported 3 employees.