New Castle Historical Society

Analysis

New Castle Historical Society is a registered charity in United States, based in Chappaqua, NY. It received its IRS tax-exemption ruling in July 1968, 58 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 December 2023, New Castle Historical Society reported income of $233k and spending of $232k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $233k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Castle Historical Society sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Mississippi Public Health Association ($233k), American Overseas Memorial Day Association Foundation ($233k) and Central States Conference of the Teaching of Foreign Lang Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $61k (26% of expenses). Other salaries and wages came to $8,084. At year end it held assets of $2.0m against liabilities of $30k, net assets of $2.0m.