Kenilworth Historical Society Incorporated

Analysis

Kenilworth Historical Society Incorporated is a registered charity in United States, based in Kenilworth, NJ. It received its IRS tax-exemption ruling in July 1998, 28 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, Kenilworth Historical Society Incorporated reported income of $51k and spending of $74k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $57k to $51k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kenilworth Historical Society Incorporated sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Kyrenia Opera Inc ($51k), Center for the Arts Foundation ($51k) and Ashland Main Street ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $968k against liabilities of $43k, net assets of $925k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.