Staten Island Historical Society Inc

Analysis

Staten Island Historical Society Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in January 1944, 82 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 June 2023, Staten Island Historical Society Inc reported income of $2.3m and spending of $2.6m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.3m (+0.6%), an average of +0.1% a year. The sharpest change came in the year to June 2020, when income dropped by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Staten Island Historical Society Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include National Museum of Transportation ($2.3m), Upper Shore Workforce Investment Board Inc ($2.3m) and Georgia Budget and Policy Institute Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $226k (8.6% of expenses). Other salaries and wages came to $995k. At year end it held assets of $3.1m against liabilities of $296k, net assets of $2.8m. It reported 48 employees.