Historical Society Inc

Analysis

Historical Society Inc is a registered charity in United States, based in Tarrytown, NY. It received its IRS tax-exemption ruling in May 1963, 63 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, Historical Society Inc reported income of $162k and spending of $76k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $162k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Society Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Belmont Chapel Foundation ($162k), Panama City Music Association Inc ($162k) and Jiva Performing Arts ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $27k. At year end it held assets of $513k against liabilities of $4,173, net assets of $509k. It reported 1 employees.