Merchants and Drovers Tavern Museum Association Inc

Analysis

Merchants and Drovers Tavern Museum Association Inc is a registered charity in United States, based in Rahway, NJ. It received its IRS tax-exemption ruling in December 1969, 57 years ago. 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 June 2023, Merchants and Drovers Tavern Museum Association Inc reported income of $84k and spending of $106k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $58k to $84k (+45%), an average of +9.6% a year. The sharpest change came in the year to June 2020, when income rose by 205%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merchants and Drovers Tavern Museum Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Helping Hand of South Whidbey ($84k), Virginia Congress of Parents and Teachers ($84k) and Fremont Area Veterans Coalition ($84k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. Other salaries and wages came to $23k. At year end it held assets of $1.1m against liabilities of $45k, net assets of $1.0m. It reported 2 employees.