Coos County Historical Society

Analysis

Coos County Historical Society is a registered charity in United States, based in Coos Bay, OR. It received its IRS tax-exemption ruling in November 1946, 80 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, Coos County Historical Society reported income of $336k and spending of $630k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $412k to $336k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 167% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coos County Historical Society sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Casper Amateur Hockey Club Inc ($336k), Iowa Shrine Bowl Games Inc ($336k) and Rcil-Olmsted Barrier Free Housing Corporation ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $85k (14% of expenses). Other salaries and wages came to $70k. At year end it held assets of $9.1m against liabilities of $14k, net assets of $9.1m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.