Palmerton Area Historical Society

Analysis

Palmerton Area Historical Society is a registered charity in United States, based in Palmerton, PA. It received its IRS tax-exemption ruling in June 1994, 32 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 September 2023, Palmerton Area Historical Society reported income of $79k and spending of $80k, spending 102% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $29k to $79k (+176%), an average of +40% a year. The sharpest change came in the year to September 2023, when income rose by 131%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palmerton Area Historical Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Lake Erie Fanfare Inc ($79k), The State College Choral Society ($79k) and Hastings Historical Society ($79k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 57% and program service revenue 40% of the total. At year end it held assets of $252k against liabilities of $54, net assets of $252k.