Historical Association of South Jefferson

Analysis

Historical Association of South Jefferson is a registered charity in United States, based in Adams, NY. It received its IRS tax-exemption ruling in December 1973, 53 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 Association of South Jefferson reported income of $77k and spending of $41k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $77k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historical Association of South Jefferson sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include L&s Foundation ($77k), Volunteers of America Inc ($77k) and Honor Flight Northland Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 3.2% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.