Grand Lake Area Historical Society

Analysis

Grand Lake Area Historical Society is a registered charity in United States, based in Grand Lake, CO. It received its IRS tax-exemption ruling in January 1974, 52 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, Grand Lake Area Historical Society reported income of $455k and spending of $42k, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $455k (+378%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 206%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Lake Area Historical Society sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Boy Scout Camp Trust Created Under the Will of Lewis E Phillips ($455k), Chiao Tung University Alumni Foundation of America Inc ($455k) and Praying Hands Ranches Inc ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 2.9% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.