Historic Northampton Inc

Analysis

Historic Northampton Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in July 1941, 85 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 September 2023, Historic Northampton Inc reported income of $932k and spending of $629k, leaving 33% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $569k to $932k (+64%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 133%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Northampton Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Being Alive People with AIDS Action Coalition Inc ($932k), Discovery Schoolhouse Inc ($932k) and School District 145 Foundation for Education ($932k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $142k (23% of expenses). Other salaries and wages came to $144k. At year end it held assets of $3.5m against liabilities of $88k, net assets of $3.4m. It reported 11 employees.