Howland Stone Store Museum

Analysis

Howland Stone Store Museum is a registered charity in United States, based in Aurora, NY. It received its IRS tax-exemption ruling in May 1991, 35 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, Howland Stone Store Museum reported income of $70k and spending of $134k, spending 190% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $433k to $70k (-84%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 79%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Howland Stone Store Museum sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Community Harvest Inc ($70k), Prichard-Murray Volunteer Fire Department Inc ($70k) and Falcon Athletic Boosters Club Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.