Jefferson County Historical Society

Analysis

Jefferson County Historical Society is a registered charity in United States, based in Port Townsend, WA. It received its IRS tax-exemption ruling in October 1958, 68 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, Jefferson County Historical Society reported income of $1.1m and spending of $816k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $981k to $1.1m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income rose by 158%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jefferson County Historical Society sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Grand Mesa Nordic Council ($1.1m), Chateau Louise ($1.1m) and First Samoan Congregational Christian Church of Harbor City U ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $78k (9.6% of expenses). Other salaries and wages came to $315k. At year end it held assets of $2.9m against liabilities of $125k, net assets of $2.8m. It reported 15 employees.