The Historic Districts Council Inc

Analysis

The Historic Districts Council Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1987, 39 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 December 2023, The Historic Districts Council Inc reported income of $1.0m and spending of $879k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $1.0m (+89%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Historic Districts Council Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include On the Boards ($1.0m), Alliance for Inclusion & Prevention Inc ($1.0m) and Lucille Raines Residence Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $120k (14% of expenses). Other salaries and wages came to $244k. At year end it held assets of $2.7m against liabilities of $602k, net assets of $2.1m. It reported 6 employees.