Oysterponds Historical Society Inc Long Island

Analysis

Oysterponds Historical Society Inc Long Island is a registered charity in United States, based in Orient, NY. It received its IRS tax-exemption ruling in December 1951, 75 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, Oysterponds Historical Society Inc Long Island reported income of $668k and spending of $702k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $668k (+87%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 457%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oysterponds Historical Society Inc Long Island sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include M M a S Inc ($668k), Alliance Francaise of Portland ($668k) and Idris Ackamoor and Cultural Odyssey ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $166k. At year end it held assets of $6.1m against liabilities of $33k, net assets of $6.1m. It reported 5 employees.