South Portland Historical Society

Analysis

South Portland Historical Society is a registered charity in United States, based in S Portland, ME. It received its IRS tax-exemption ruling in January 2005, 21 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 (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, South Portland Historical Society reported income of $106k and spending of $124k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $106k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Portland Historical Society 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 38th percentile, and in the 32nd percentile within ME. Charities of a similar size with the same main cause include Swedish Heritage Society Foundation Inc ($106k), Rise Up Community Arts Inc ($106k) and Fly on a Wall Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 5.7% of the total. At year end it held assets of $389k against liabilities of $1,569, net assets of $388k.