Braintree Historical Society Inc

Analysis

Braintree Historical Society Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in October 1956, 70 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Braintree Historical Society Inc reported income of $142k and spending of $182k, spending 128% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $120k to $142k (+19%), an average of +4.4% a year. The sharpest change came in the year to April 2020, when income rose by 35%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Braintree Historical Society Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Writing for a Change Foundation of Bloomington Inc ($142k), Purpose Productions Inc ($142k) and Robinson Jeffers Tor House Foundation ($142k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 79% and program service revenue 0.3% of the total. At year end it held assets of $1.8m against liabilities of $435k, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.