Historical Society of Pomona Valley

Analysis

Historical Society of Pomona Valley is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in April 1969, 57 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, Historical Society of Pomona Valley reported income of $129k and spending of $169k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $129k (+130%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historical Society of Pomona Valley sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Lou Tate Foundation Inc ($129k), Bethesda Home Foundation Webster South Dakota Inc ($129k) and Well Ministries Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 77% of the total. Other salaries and wages came to $39k. At year end it held assets of $1.3m against liabilities of $24k, net assets of $1.2m. It reported 5 employees.