Morgan Hill Historical Society Inc

Analysis

Morgan Hill Historical Society Inc is a registered charity in United States, based in Morgan Hill, CA. It received its IRS tax-exemption ruling in July 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Morgan Hill Historical Society Inc reported income of $79k and spending of $53k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $147k to $79k (-47%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morgan Hill Historical Society Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($79k), Dothan Dolphins Boosters Inc ($79k) and Turlock Chamber Foundation ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 163% of the total. At year end it held assets of $1.4m against liabilities of $23k, net assets of $1.4m.