Rensselaer County Historical Society Inc

Analysis

Rensselaer County Historical Society Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in February 1948, 78 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, Rensselaer County Historical Society Inc reported income of $303k and spending of $402k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $303k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rensselaer County Historical Society Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Shreveport Scottish Rite Foundation Inc ($303k), Rainbow Productions ($303k) and Shopspace Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 1.9% of the total. Other salaries and wages came to $179k. At year end it held assets of $1.6m against liabilities of $227k, net assets of $1.3m. It reported 6 employees.