Historical Society of Southern California

Analysis

Historical Society of Southern California is a registered charity in United States, based in Agoura Hills, CA. It received its IRS tax-exemption ruling in September 1948, 78 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Historical Society of Southern California reported income of $84k and spending of $98k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $85k to $84k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 131% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Society of Southern California sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Merrimack Valley Community Music School Inc ($84k), International Association of Jewish Genealogical Societies Inc ($84k) and National Chamber Ensemble Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $23k (24% of expenses). At year end it held assets of $1.5m against liabilities of $193, net assets of $1.5m. It reported 1 employees.