Derby Historical Society of Derby CT Inc

Analysis

Derby Historical Society of Derby CT Inc is a registered charity in United States, based in Ansonia, CT. It received its IRS tax-exemption ruling in November 1964, 62 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Derby Historical Society of Derby CT Inc reported income of $103k and spending of $87k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $103k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income dropped by 267%. Over the whole period it spent 165% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Derby Historical Society of Derby CT Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include Amelia Island Opera Inc ($103k), Virginia Chamber Orchestra ($103k) and Ligonier Valley School District Foundation Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 7.0% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.0m against liabilities of $1,071, net assets of $1.0m. It reported 9 employees.