Beacon Historical Society

Analysis

Beacon Historical Society is a registered charity in United States, based in Beacon, NY. It received its IRS tax-exemption ruling in August 2012, 14 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, Beacon Historical Society reported income of $85k and spending of $92k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $85k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beacon Historical Society sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Little White Schoolhouse Inc ($85k), Palm Harbor Historical Society Inc ($85k) and The Ragged Edge Community Theater Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.