Panola County Historical and Genealogical Association

Analysis

Panola County Historical and Genealogical Association is a registered charity in United States, based in Carthage, TX. It received its IRS tax-exemption ruling in June 1988, 38 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, Panola County Historical and Genealogical Association reported income of $154k and spending of $34k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income grew from $21k to $154k (+621%), an average of +621% a year. The sharpest change came in the year to December 2023, when income rose by 621%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Panola County Historical and Genealogical Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Minnesota Architectural Foundation ($154k), Ashland Emergency Fund Inc ($154k) and The Citadel Football Association Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $610k against liabilities of $0, net assets of $610k.