Historical Society of Rockland County

Analysis

Historical Society of Rockland County is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in March 1966, 60 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 March 2024, Historical Society of Rockland County reported income of $186k and spending of $298k, spending 160% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $193k to $186k (-3.6%), an average of -0.9% a year. The sharpest change came in the year to March 2021, when income rose by 48%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historical Society of Rockland County sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Junior Auxiliary of Columbus Mississippi Inc ($186k), Arden Recreation Inc ($186k) and Partners in Housing Solutions Inc ($186k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 52% and program service revenue 0.3% of the total. Other salaries and wages came to $114k. At year end it held assets of $4.1m against liabilities of $7,828, net assets of $4.1m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.