Historical Society of Plainfield New Jersey

Analysis

Historical Society of Plainfield New Jersey is a registered charity in United States, based in Plainfield, NJ. It received its IRS tax-exemption ruling in March 1961, 65 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 2023, Historical Society of Plainfield New Jersey reported income of $51k and spending of $33k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $37k to $51k (+40%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Society of Plainfield New Jersey sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Sleep Center Art Space ($51k), Sweet Adelines International ($51k) and Music Sponsors of Emerson Jr Sr High School ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 5.3% of the total. At year end it held assets of $74k against liabilities of $7,365, net assets of $67k.