German Heritage Society

Analysis

German Heritage Society is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1987, 39 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, German Heritage Society reported income of $120k and spending of $124k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $194k to $120k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, German Heritage Society sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within WA. Charities of a similar size with the same main cause include Madison Heights Little Football League Inc ($120k), American Credit Counseling Service Inc ($120k) and Mora Food Pantry ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 28% of the total. At year end it held assets of $1.2m against liabilities of $3,839, net assets of $1.2m.