Bainbridge Island Historical Society

Analysis

Bainbridge Island Historical Society is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in June 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bainbridge Island Historical Society reported income of $421k and spending of $425k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $404k to $421k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 701%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bainbridge Island Historical Society sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Sickle Cell Disease Association of American-Mobile Chapter Inc ($420k), Illinois Club for Catholic Women ($421k) and The Nebraska Abortion and Reproductive Justice Fund Inc ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $75k (18% of expenses). Other salaries and wages came to $182k. At year end it held assets of $2.9m against liabilities of $16k, net assets of $2.9m. It reported 5 employees.