Little Compton Historical Society Inc

Analysis

Little Compton Historical Society Inc is a registered charity in United States, based in L Compton, RI. It received its IRS tax-exemption ruling in November 1955, 71 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 December 2023, Little Compton Historical Society Inc reported income of $402k and spending of $326k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $402k (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 596%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Compton Historical Society Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 62nd percentile within RI. Charities of a similar size with the same main cause include Historic Augusta Inc ($402k), Turkish American Arts Society of New York ($402k) and Veterans Council of Indian River County ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $87k (27% of expenses). Other salaries and wages came to $61k. At year end it held assets of $2.9m against liabilities of $14k, net assets of $2.9m. It reported 11 employees.