Weston Historical Society Inc

Analysis

Weston Historical Society Inc is a registered charity in United States, based in Weston, CT. It received its IRS tax-exemption ruling in October 1964, 62 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 March 2023, Weston Historical Society Inc reported income of $61k and spending of $230k, spending 378% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $213k to $61k (-71%), an average of -34% a year. The sharpest change came in the year to March 2021, when income rose by 770%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weston Historical Society Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within CT. Charities of a similar size with the same main cause include Spring Garden Band ($61k), Little League Baseball Inc ($61k) and The Mission on the Mountain Inc ($61k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 163% of the total. Compensation of current officers, directors and key employees was $36k (16% of expenses). At year end it held assets of $3.2m against liabilities of $569, net assets of $3.2m. It reported 1 employees.