Kent Historical Society Inc

Analysis

Kent Historical Society Inc is a registered charity in United States, based in Kent, CT. It received its IRS tax-exemption ruling in January 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kent Historical Society Inc reported income of $145k and spending of $180k, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $175k to $145k (-17%), an average of -4.6% a year. The sharpest change came in the year to September 2021, when income rose by 253%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kent Historical Society Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within CT. Charities of a similar size with the same main cause include Little League Baseball Inc ($145k), Burke County Rescue Squadron Inc ($145k) and American Fisheries Society ($145k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $90k. At year end it held assets of $2.2m against liabilities of $1,334, net assets of $2.2m. It reported 3 employees.