Sierra County Historical Society

Analysis

Sierra County Historical Society is a registered charity in United States, based in T or C, NM. It received its IRS tax-exemption ruling in May 1971, 55 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 2022, Sierra County Historical Society reported income of $66k and spending of $66k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $103k to $66k (-36%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sierra County Historical Society sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within NM. Charities of a similar size with the same main cause include Community League Incorporated ($66k), Winterville Historical and Arts Society ($66k) and Unima USA Inc ($66k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 47% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $8,280 (12% of expenses). Other salaries and wages came to $26k. At year end it held assets of $460k against liabilities of $922, net assets of $459k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.