Historic House Trust of New York City Inc

Analysis

Historic House Trust of New York City Inc is a registered charity in United States, based in Corona, NY. It received its IRS tax-exemption ruling in April 1991, 35 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 (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, Historic House Trust of New York City Inc reported income of $1.1m and spending of $951k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.1m (-52%), an average of -17% a year. The sharpest change came in the year to June 2020, when income dropped by 72%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic House Trust of New York City Inc sits at the 87th percentile: it is larger than about 86% 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 Next Act Theatre Inc ($1.1m), Museo de Las Americas ($1.1m) and Living Traditions Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $22k (2.3% of expenses). Other salaries and wages came to $123k. At year end it held assets of $1.5m against liabilities of $85k, net assets of $1.4m. It reported 5 employees.