Historical Diving Society

Analysis

Historical Diving Society is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 (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, Historical Diving Society reported income of $157k and spending of $161k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $157k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Diving Society sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Natchez Opera Festival Inc ($157k), Community String Project Inc ($157k) and Morro Bay Maritime Museum ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 54% of the total. At year end it held assets of $376k against liabilities of $315k, net assets of $61k.