Delaware River Mill Society at Stockton

Analysis

Delaware River Mill Society at Stockton is a registered charity in United States, based in Stockton, NJ. It received its IRS tax-exemption ruling in March 1977, 49 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 December 2023, Delaware River Mill Society at Stockton reported income of $395k and spending of $315k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $395k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware River Mill Society at Stockton sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Tamworth Music Festival Inc ($395k), Good Theater Inc ($396k) and Arts Council Inc Union Co ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $76k (24% of expenses). At year end it held assets of $588k against liabilities of $39k, net assets of $548k. It reported 1 employees.