Chenango County Historical Society

Analysis

Chenango County Historical Society is a registered charity in United States, based in Norwich, NY. It received its IRS tax-exemption ruling in June 1969, 57 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chenango County Historical Society reported income of $407k and spending of $291k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $407k (+87%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chenango County Historical Society sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Owensboro Museum of Fine Art Inc ($407k), Society of American Business Editors and Writers ($407k) and Fairfield Foundation TBS ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $58k (20% of expenses). Other salaries and wages came to $70k. At year end it held assets of $3.6m against liabilities of $6,418, net assets of $3.6m. It reported 3 employees.