Historical Society of the Town of Warwick

Analysis

Historical Society of the Town of Warwick is a registered charity in United States, based in Warwick, NY. It received its IRS tax-exemption ruling in February 1961, 65 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 June 2024, Historical Society of the Town of Warwick reported income of $223k and spending of $321k, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $203k to $223k (+9.8%), an average of +2.4% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Society of the Town of Warwick sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Providence Foundation ($223k), Elevar Foundation Inc ($223k) and American Hearing Impaired Hockey Association Inc ($223k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). Other salaries and wages came to $28k. At year end it held assets of $2.5m against liabilities of $101k, net assets of $2.4m. It reported 2 employees.