Township of Ocean Historical Museum Association Inc

Analysis

Township of Ocean Historical Museum Association Inc is a registered charity in United States, based in Oakhurst, NJ. It received its IRS tax-exemption ruling in November 1984, 42 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, Township of Ocean Historical Museum Association Inc reported income of $81k and spending of $42k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $81k (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Township of Ocean Historical Museum Association Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Women Are Gold Inc ($81k), The Mariposa Institute ($81k) and Pinole Seals Swim Club ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 22% of the total. At year end it held assets of $564k against liabilities of $0, net assets of $564k.