Simsbury Historical Society Inc

Analysis

Simsbury Historical Society Inc is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in March 1952, 74 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, Simsbury Historical Society Inc reported income of $134k and spending of $147k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $89k to $134k (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 178%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Simsbury Historical Society Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Bolton Access Television Corporation ($134k), Dalton Community Cable Association Inc ($134k) and Reynoldsville Volunteer Fire Department Inc ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 14% of the total. Other salaries and wages came to $33k. At year end it held assets of $970k against liabilities of $153k, net assets of $817k. It reported 2 employees.