Bronx County Historical Society

Analysis

Bronx County Historical Society is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bronx County Historical Society reported income of $925k and spending of $873k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $803k to $925k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2020, when income dropped by 20%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bronx County Historical Society sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include County of Los Angeles Fire Museum Association ($925k), American Friends of the Art Fund ($925k) and Federation of Indian Associations ($924k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $44k (5.0% of expenses). Other salaries and wages came to $266k. At year end it held assets of $1.7m against liabilities of $519k, net assets of $1.2m. It reported 10 employees.