Delaware County Historical Society Pennsylvania

Analysis

Delaware County Historical Society Pennsylvania is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in February 1966, 60 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, Delaware County Historical Society Pennsylvania reported income of $111k and spending of $181k, spending 163% of what it took in. Across the 6 years on record, from August 2019 to December 2023, income fell from $113k to $111k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 1979%. Over the whole period it spent 594% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware County Historical Society Pennsylvania sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Missouri Alliance for Arts Education ($111k), First Principles Inc ($111k) and Arts 10566 Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $58k (32% of expenses). Other salaries and wages came to $21k. At year end it held assets of $207k against liabilities of $5,736, net assets of $201k. It reported 3 employees.

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.