New Lenox Area Historical Society

Analysis

New Lenox Area Historical Society is a registered charity in United States, based in New Lenox, IL. It received its IRS tax-exemption ruling in March 2007, 19 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 May 2024, New Lenox Area Historical Society reported income of $58k and spending of $63k, spending 109% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $67k to $58k (-13%), an average of -3.5% a year. The sharpest change came in the year to May 2022, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Lenox Area Historical Society sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include Society for Creative Anachronism Inc ($58k), Rocky Mountain Youth Musicals ($58k) and Walton Drama Boosters Inc ($58k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 17% and program service revenue 0.1% of the total. Other salaries and wages came to $7,265. At year end it held assets of $823k against liabilities of $78, net assets of $823k. It reported 1 employees.