Lowell Historical Society

Analysis

Lowell Historical Society is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in March 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 April 2024, Lowell Historical Society reported income of $57k and spending of $22k, leaving 61% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income fell from $78k to $57k (-26%), an average of -26% a year. The sharpest change came in the year to April 2024, when income dropped by 26%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lowell Historical Society sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Society of the Lees of Virginia ($57k), New Amsterdam Musical Association Inc ($57k) and San Diego Geological Society ($57k).

At year end it held assets of $323k against liabilities of $0, net assets of $323k.