Straus Historical Society Inc

Analysis

Straus Historical Society Inc is a registered charity in United States, based in Smithtown, NY. It received its IRS tax-exemption ruling in May 1999, 27 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 December 2023, Straus Historical Society Inc reported income of $129k and spending of $109k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $129k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Straus Historical Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Memorial for All Veterans of the Brazos Valley Inc ($129k), Cuerdas Clasicas Inc ($129k) and Society of Colonial Wars in the State of South Carolina Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $39k (36% of expenses). Other salaries and wages came to $23k. At year end it held assets of $516k against liabilities of $42k, net assets of $475k. It reported 1 employees.