Shaw Island Library and Historical Society Inc

Analysis

Shaw Island Library and Historical Society Inc is a registered charity in United States, based in Shaw Island, WA. It received its IRS tax-exemption ruling in May 1967, 59 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 June 2024, Shaw Island Library and Historical Society Inc reported income of $133k and spending of $35k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $273k to $133k (-51%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 86%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shaw Island Library and Historical Society Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include His Love Christian Services Inc ($133k), Robeson County Arts Council ($133k) and Friends of the Schindler House ($133k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% of the total. At year end it held assets of $806k against liabilities of $0, net assets of $806k.