Whitesville Historical Society Inc

Analysis

Whitesville Historical Society Inc is a registered charity in United States, based in Whitesville, KY. It received its IRS tax-exemption ruling in February 2017, 9 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 June 2023, Whitesville Historical Society Inc reported income of $86k and spending of $49k, leaving 44% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $286k to $86k (-70%), an average of -45% a year. The sharpest change came in the year to June 2023, when income dropped by 67%. Over the whole period it spent 23% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Whitesville Historical Society Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within KY. Charities of a similar size with the same main cause include C Grier Beam Truck Museum ($86k), Catawba Island Historical Society Inc ($86k) and Nelson County Historical Society ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $21k (43% of expenses). At year end it held assets of $724k against liabilities of $1,351, net assets of $723k. It reported 1 employees.