St Lawrence County Historical Association

Analysis

St Lawrence County Historical Association is a registered charity in United States, based in Canton, NY. It received its IRS tax-exemption ruling in June 1970, 56 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 December 2023, St Lawrence County Historical Association reported income of $145k and spending of $313k, spending 216% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $242k to $145k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Lawrence County Historical Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Douglas County Historical Society Inc ($145k), Little League Baseball Inc ($145k) and Corvallis-Osu Symphony Society ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 14% of the total. Other salaries and wages came to $142k. At year end it held assets of $2.6m against liabilities of $158k, net assets of $2.5m. It reported 6 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.