Fort Edward Historical Association

Analysis

Fort Edward Historical Association is a registered charity in United States, based in Fort Edward, NY. It received its IRS tax-exemption ruling in February 1960, 66 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 December 2023, Fort Edward Historical Association reported income of $140k and spending of $137k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $199k to $140k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2023, when income rose by 356%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Edward Historical Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include American Law and Economics Association Inc ($140k), Fulton County Historical Society Inc ($140k) and Bragg Jam Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $9,020 (6.6% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.6m against liabilities of $57k, net assets of $1.5m. It reported 2 employees.