Historic Harrisville Inc

Analysis

Historic Harrisville Inc is a registered charity in United States, based in Harrisville, NH. It received its IRS tax-exemption ruling in December 1971, 55 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, Historic Harrisville Inc reported income of $2.0m and spending of $1.3m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.0m (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Harrisville Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NH. Charities of a similar size with the same main cause include National Academy of Sciences Retire Welfare Benefit Plan TR ($2.0m), Fort Bend History Association ($2.0m) and Newton Arts Center Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $80k (6.0% of expenses). Other salaries and wages came to $369k. At year end it held assets of $6.3m against liabilities of $702k, net assets of $5.6m. It reported 38 employees.