New York Central System Historical Society

Analysis

New York Central System Historical Society is a registered charity in United States, based in Hudson, MA. It received its IRS tax-exemption ruling in April 1971, 55 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, New York Central System Historical Society reported income of $210k and spending of $209k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $289k to $210k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Central System Historical Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Cibolo Conservancy ($210k), Sacred Heart Foundation ($210k) and National Assistance League ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 48% of the total. At year end it held assets of $691k against liabilities of $177k, net assets of $513k.