Tacoma Historical Society

Analysis

Tacoma Historical Society is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 1996, 30 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 2022, Tacoma Historical Society reported income of $159k and spending of $210k, spending 132% of what it took in. Across the 2 years on record, from December 2019 to December 2022, income fell from $209k to $159k (-24%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tacoma Historical Society sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($159k), Willowood Alternative Living Inc ($159k) and Grandview Realty Corporation ($159k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 105% of the total. At year end it held assets of $183k against liabilities of $20k, net assets of $163k.