Erie Lackawanna Historical Society Inc

Analysis

Erie Lackawanna Historical Society Inc is a registered charity in United States, based in Avoca, NY. It received its IRS tax-exemption ruling in January 2024, 2 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Erie Lackawanna Historical Society Inc reported income of $100k and spending of $146k, spending 146% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $97k to $100k (+3.1%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Erie Lackawanna Historical Society Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Woman Made ($100k), Cultural Association of Bengal ($100k) and East Coast Cultural Association Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $373k against liabilities of $95k, net assets of $278k.