Falmouth Historical Society

Analysis

Falmouth Historical Society is a registered charity in United States, based in Falmouth, MA. It received its IRS tax-exemption ruling in July 1938, 88 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Falmouth Historical Society reported income of $411k and spending of $362k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $411k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Falmouth Historical Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Human Life Alliance ($411k), Union Square Partnership Inc ($411k) and Helena Television Coalition Inc ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 2.7% of the total. Other salaries and wages came to $142k. At year end it held assets of $3.2m against liabilities of $29k, net assets of $3.2m. It reported 8 employees.