Manchester Historic Association

Analysis

Manchester Historic Association is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in January 1945, 81 years ago. 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 September 2023, Manchester Historic Association reported income of $614k and spending of $572k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $616k to $614k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to September 2021, when income rose by 49%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manchester Historic Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within NH. Charities of a similar size with the same main cause include Leadership Music ($614k), Given Institute Inc ($614k) and Croatian Scholarship Fund ($614k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $83k (14% of expenses). Other salaries and wages came to $127k. At year end it held assets of $6.3m against liabilities of $506k, net assets of $5.8m. It reported 9 employees.