Historical Society of Old Yarmouth

Analysis

Historical Society of Old Yarmouth is a registered charity in United States, based in Yarmouth Port, MA. It received its IRS tax-exemption ruling in August 1956, 70 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, Historical Society of Old Yarmouth reported income of $129k and spending of $152k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $134k to $129k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historical Society of Old Yarmouth sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Scarborough Historical Society Inc ($129k), Carolina Marathon Association Inc ($129k) and Impossible Dream Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 11% of the total. Other salaries and wages came to $44k. At year end it held assets of $958k against liabilities of $0, net assets of $958k. It reported 6 employees.