New Haven Colony Historical Society
Analysis
New Haven Colony Historical Society is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in March 1943, 83 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 June 2023, New Haven Colony Historical Society reported income of $1.6m and spending of $1.3m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $998k to $1.6m (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 82% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Haven Colony Historical Society sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Fosterhope Sacramento ($1.6m), Legal Aid Association of California ($1.6m) and The Park People ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $106k (8.1% of expenses). Other salaries and wages came to $376k. At year end it held assets of $13.2m against liabilities of $79k, net assets of $13.2m. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 2.0%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fosterhope Sacramento | Sacramento | $1.6m |
| Legal Aid Association of California | Berkeley | $1.6m |
| The Park People | Denver | $1.6m |
| Taskforce Prevention and Community Services | Chicago | $1.6m |