Nevada County Historical Society

Analysis

Nevada County Historical Society is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in December 1963, 63 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, Nevada County Historical Society reported income of $225k and spending of $249k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $334k to $225k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada County Historical Society sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Journal of Medicine and Philosohpy Inc ($225k), National Association of Housing & Redevelopment Officials ($225k) and United Way of Cache Valley ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.1m against liabilities of $1,331, net assets of $1.1m.