Schenectady County Historical

Analysis

Schenectady County Historical is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in December 1957, 69 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 March 2024, Schenectady County Historical reported income of $950k and spending of $931k, spending 98% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $207k to $950k (+359%), an average of +46% a year. The sharpest change came in the year to March 2021, when income rose by 313%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Schenectady County Historical 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 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Openhousenewyork Inc ($950k), Friends of the Brattleboro Music Center Inc ($950k) and International Swimming Hall of Fame Inc ($949k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $413k. At year end it held assets of $9.2m against liabilities of $430k, net assets of $8.7m. It reported 10 employees.