Pasadena Historical Society Inc

Analysis

Pasadena Historical Society Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in November 1947, 79 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, Pasadena Historical Society Inc reported income of $572k and spending of $881k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $784k to $572k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pasadena Historical Society Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include German-American Club Gesangverein Inc ($572k), American Filtration and Seperations Society Inc ($573k) and Christian Youth Theater San Antonio ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $90k (10% of expenses). Other salaries and wages came to $257k. At year end it held assets of $5.3m against liabilities of $235k, net assets of $5.0m. It reported 16 employees.