Newtown Historic Association

Analysis

Newtown Historic Association is a registered charity in United States, based in Newtown, PA. It received its IRS tax-exemption ruling in June 1965, 61 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 March 2024, Newtown Historic Association reported income of $107k and spending of $112k, spending 105% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $206k to $107k (-48%), an average of -15% a year. The sharpest change came in the year to March 2022, when income rose by 75%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newtown Historic Association 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 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Baltimore Science Fiction Society Incorporated ($107k), Blue Valley North Booster Club Inc ($107k) and PTA California Congress of Parents Teachers & Students Inc ($107k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.