Sanford-Springvale Historical Society

Analysis

Sanford-Springvale Historical Society is a registered charity in United States, based in Springvale, ME. It received its IRS tax-exemption ruling in September 2005, 21 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 June 2024, Sanford-Springvale Historical Society reported income of $3.7m and spending of $67k, leaving 98% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $51k to $3.7m (+7255%), an average of +136% a year. The sharpest change came in the year to June 2024, when income rose by 325%. Over the whole period it spent 7.7% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sanford-Springvale Historical Society sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within ME. Charities of a similar size with the same main cause include North Coast Repertory Theatre a Non Profit Corporation ($3.7m), Science Museum of Virginia Foundation Incorporated ($3.7m) and The Virginia Air and Space Center ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m.