Westport South Beach Historical Society

Analysis

Westport South Beach Historical Society is a registered charity in United States, based in Westport, WA. It received its IRS tax-exemption ruling in May 1992, 34 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, Westport South Beach Historical Society reported income of $254k and spending of $299k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $254k (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westport South Beach Historical Society sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include K-Light Inc ($254k), White Clay Watershed Association ($254k) and Friends of Fisher House Puget Sound ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $93k (31% of expenses). At year end it held assets of $544k against liabilities of $21k, net assets of $524k. It reported 2 employees.