Southwest Harbor Historical Society

Analysis

Southwest Harbor Historical Society is a registered charity in United States, based in Southwest HBR, ME. It received its IRS tax-exemption ruling in May 2010, 16 years ago. 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 August 2024, Southwest Harbor Historical Society reported income of $87k and spending of $25k, leaving 71% of income unspent that year. Across the 2 years on record, from August 2022 to August 2024, income grew from $51k to $87k (+71%), an average of +71% a year. The sharpest change came in the year to August 2024, when income rose by 71%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Harbor Historical Society sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 26th percentile within ME. Charities of a similar size with the same main cause include Amesbury Educational Foundation Inc ($87k), A P B a Historical Society Inc ($87k) and McLaren Bay Region Auxiliary ($87k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.