Portsmouth Historical Society

Analysis

Portsmouth Historical Society is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in November 1993, 33 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 December 2023, Portsmouth Historical Society reported income of $679k and spending of $858k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $581k to $679k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 311%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portsmouth Historical Society sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within NH. Charities of a similar size with the same main cause include Voluntary Protection Program Participants Association Inc ($679k), Child Evangelism Fellowship Inc ($679k) and National Asian-American Theatre Company ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $83k (9.7% of expenses). Other salaries and wages came to $391k. At year end it held assets of $3.2m against liabilities of $33k, net assets of $3.2m. It reported 16 employees.