McDade Historical Society

Analysis

McDade Historical Society is a registered charity in United States, based in McDade, TX. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, McDade Historical Society reported income of $60k and spending of $12k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $60k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, McDade Historical Society sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Leah Stein Dance Company ($60k), Oneida Lake Arts and Heritage Center ($60k) and Colorado Asian Culture and Education Network ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k. It reported 14 employees.