Orcas Island Historical Society

Analysis

Orcas Island Historical Society is a registered charity in United States, based in Eastsound, WA. It received its IRS tax-exemption ruling in February 1953, 73 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, Orcas Island Historical Society reported income of $190k and spending of $213k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $111k to $190k (+72%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orcas Island Historical Society sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include PTA North Carolina Congress ($190k), Waukegan Historical Society Inc ($190k) and Faith Sound Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $62k (29% of expenses). Other salaries and wages came to $61k. At year end it held assets of $1.9m against liabilities of $1,239, net assets of $1.9m. It reported 5 employees.