North Yarmouth Historical Society

Analysis

North Yarmouth Historical Society is a registered charity in United States, based in N Yarmouth, ME. It received its IRS tax-exemption ruling in March 1975, 51 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 December 2023, North Yarmouth Historical Society reported income of $140k and spending of $43k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $253k to $140k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 16% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Yarmouth Historical Society sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 38th percentile within ME. Charities of a similar size with the same main cause include Village Foundation Inc ($140k), Samaritan Bethany Foundation ($140k) and Shreveport Volunteer Network Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.1m against liabilities of $55k, net assets of $1.0m.