Old Saybrook Historical Society Inc

Analysis

Old Saybrook Historical Society Inc is a registered charity in United States, based in Old Saybrook, CT. It received its IRS tax-exemption ruling in May 1973, 53 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, Old Saybrook Historical Society Inc reported income of $165k and spending of $136k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $189k to $165k (-13%), an average of -3.3% a year. The sharpest change came in the year to September 2021, when income rose by 21%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old Saybrook Historical Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Tmta Foundation ($165k), Soccer Village Foundation ($165k) and Historic Takoma Inc ($165k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% and program service revenue 1.8% of the total. At year end it held assets of $2.2m against liabilities of $1,555, net assets of $2.2m.