Haddam Historical Society

Analysis

Haddam Historical Society is a registered charity in United States, based in Haddam, CT. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Haddam Historical Society reported income of $80k and spending of $99k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $80k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Haddam Historical Society sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within CT. Charities of a similar size with the same main cause include Corvallis Osu-Piano International ($80k), Hawaiian Legacy Foundation ($80k) and Evansville Anime Convention Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $45k (45% of expenses). Other salaries and wages came to $1,549. At year end it held assets of $443k against liabilities of $1,692, net assets of $441k. It reported 2 employees.