Skagit County Historical Society

Analysis

Skagit County Historical Society is a registered charity in United States, based in LA Conner, WA. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Skagit County Historical Society reported income of $349k and spending of $428k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $414k to $349k (-16%), an average of -4.1% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Skagit County Historical Society sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Professional Numismatists Guild Inc ($349k), Barn Raising Media ($349k) and Aspiring Leaders Enrichment Center Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.0% of the total. Other salaries and wages came to $248k. At year end it held assets of $1.3m against liabilities of $8,519, net assets of $1.2m. It reported 12 employees.