Sussex County Historical Society

Analysis

Sussex County Historical Society is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in November 1961, 65 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, Sussex County Historical Society reported income of $101k and spending of $62k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $101k (+360%), an average of +360% a year. The sharpest change came in the year to December 2023, when income rose by 360%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sussex County Historical Society sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Shorewalkers Inc ($101k), World at Your Door Inc ($101k) and Sos Center Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.2% of the total. At year end it held assets of $592k against liabilities of $0, net assets of $592k.