Amagansett Historical Association

Analysis

Amagansett Historical Association is a registered charity in United States, based in Amagansett, NY. It received its IRS tax-exemption ruling in August 1964, 62 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 March 2023, Amagansett Historical Association reported income of $81k and spending of $60k, leaving 27% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $70k to $81k (+16%), an average of +5.0% a year. The sharpest change came in the year to March 2022, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amagansett Historical Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Catholic Education Development Fund ($81k), Jay Patriot Band Boosters Corporation ($81k) and Brownsville-Haywood County Senior Center ($81k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $12k (20% of expenses). At year end it held assets of $682k against liabilities of $0, net assets of $682k.