Puyallup Historical Society at Meeker Mansion

Analysis

Puyallup Historical Society at Meeker Mansion is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in June 1973, 53 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, Puyallup Historical Society at Meeker Mansion reported income of $162k and spending of $204k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $162k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 152% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Puyallup Historical Society at Meeker Mansion sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Bryan Symphony Orchestra ($162k), Adsc Operating Engineers Training and Education Trust Fund ($162k) and Friends of the Rancho Cucamonga Library ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $40k (20% of expenses). Other salaries and wages came to $34k. At year end it held assets of $2.3m against liabilities of $25k, net assets of $2.3m. It reported 2 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.