Mansfield Historical Society Inc

Analysis

Mansfield Historical Society Inc is a registered charity in United States, based in Storrs, CT. It received its IRS tax-exemption ruling in November 1962, 64 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 December 2023, Mansfield Historical Society Inc reported income of $128k and spending of $60k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $128k (+104%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 783%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mansfield Historical Society 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 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include East Region Emergency Medical Services and Trauma Care Council ($128k), Habitat for Humanity International Inc ($128k) and Associated Charities of Myrtle Beach Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $40k (67% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 1 employees.