Historical Society of Saratoga Springs

Analysis

Historical Society of Saratoga Springs is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in September 1945, 81 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, Historical Society of Saratoga Springs reported income of $202k and spending of $160k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $202k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historical Society of Saratoga Springs sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Rising Sun Volunteer Fire Department Incorporated ($202k), Will Rodgers Liver Health Organization ($202k) and Library Enrichment Foundation of Thebrumback Library a Van Wert ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 44% of the total. Other salaries and wages came to $113k. At year end it held assets of $307k against liabilities of $4,280, net assets of $303k. It reported 5 employees.