Barre Historical Society Inc

Analysis

Barre Historical Society Inc is a registered charity in United States, based in Barre, VT. It received its IRS tax-exemption ruling in January 1948, 78 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, Barre Historical Society Inc reported income of $223k and spending of $141k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $223k (+162%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 238%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Barre Historical Society Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 47th percentile within VT. Charities of a similar size with the same main cause include C B Goddard Art Center Trust ($223k), Friends of the Museum of Printing Inc the ($223k) and Common Ground Dispute Resolution Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 2.7% of the total. At year end it held assets of $714k against liabilities of $14k, net assets of $701k.