Steilacoom Historical Museum Assn Inc

Analysis

Steilacoom Historical Museum Assn Inc is a registered charity in United States, based in Steilacoom, WA. It received its IRS tax-exemption ruling in June 1974, 52 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, Steilacoom Historical Museum Assn Inc reported income of $121k and spending of $118k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $289k to $121k (-58%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Steilacoom Historical Museum Assn Inc 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 Friends of the Temecula Library ($121k), Davey Elementary Parent Teacher Organization ($121k) and American Society of Papyrologists ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $16k. At year end it held assets of $1.1m against liabilities of $58k, net assets of $1.1m. It reported 1 employees.