Historial Society of Long Beach

Analysis

Historial Society of Long Beach is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in March 1965, 61 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 June 2023, Historial Society of Long Beach reported income of $377k and spending of $388k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $343k to $377k (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historial Society of Long Beach sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include River Valley Animal Rescue Inc ($377k), Community Volunteer Transportation Company ($377k) and Outreach Community Services Inc ($377k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $88k (23% of expenses). Other salaries and wages came to $154k. At year end it held assets of $772k against liabilities of $5,804, net assets of $766k. It reported 6 employees.