Treasures of History Inc

Analysis

Treasures of History Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Treasures of History Inc reported income of $5.3m and spending of $1.4m, leaving 73% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $271k to $5.3m (+1839%), an average of +340% a year. The sharpest change came in the year to December 2021, when income rose by 440%. Over the whole period it spent 23% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Treasures of History Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Fashion Institute of Techology Foundation ($5.3m), Lakeshore Area Radiation Oncology Center ($5.3m) and Mid-Michigan Recovery Services Lansing Regional Area Inc ($5.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.