Newark Valley Historical Society C

Analysis

Newark Valley Historical Society C is a registered charity in United States, based in Newark Valley, NY. It received its IRS tax-exemption ruling in February 1979, 47 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 2022, Newark Valley Historical Society C reported income of $89k and spending of $83k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $105k to $89k (-15%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Newark Valley Historical Society C sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Suffrage Coalition ($89k), Coyaba Dance Theater Inc ($89k) and Essential Theatre Inc ($89k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% and program service revenue 68% of the total. At year end it held assets of $286k against liabilities of $0, net assets of $286k.