Museum of History Benicia

Analysis

Museum of History Benicia is a registered charity in United States, based in Benicia, CA. It received its IRS tax-exemption ruling in April 1982, 44 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 2023, Museum of History Benicia reported income of $252k and spending of $295k, spending 117% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $133k to $252k (+90%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 138%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Museum of History Benicia sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($252k), Chow Corp ($252k) and Parent Booster USA Inc ($252k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $64k (22% of expenses). Other salaries and wages came to $58k. At year end it held assets of $343k against liabilities of $94k, net assets of $249k. It reported 7 employees.