Bourne Historical Society

Analysis

Bourne Historical Society is a registered charity in United States, based in Bourne, MA. It received its IRS tax-exemption ruling in February 1982, 44 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, Bourne Historical Society reported income of $91k and spending of $74k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $91k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bourne Historical Society sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($91k), Heartbeat Community Services Inc ($91k) and Pen Mar Youth Leagues Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 1.6% of the total. Other salaries and wages came to $29k. At year end it held assets of $705k against liabilities of $1,390, net assets of $703k. It reported 7 employees.