Wilmington Historical Society

Analysis

Wilmington Historical Society is a registered charity in United States, based in Wilmington, NY. It received its IRS tax-exemption ruling in October 2003, 23 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 December 2023, Wilmington Historical Society reported income of $78k and spending of $20k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $78k (+13%), an average of +13% a year. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wilmington Historical Society sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Knights of St Patrick ($78k), Village Youth Theatre Productions ($78k) and Sequim Museum & Arts ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 37% of the total. At year end it held assets of $341k against liabilities of $175, net assets of $340k.