Chester Historical Society Inc

Analysis

Chester Historical Society Inc is a registered charity in United States, based in Chester, CT. It received its IRS tax-exemption ruling in November 1970, 56 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 May 2024, Chester Historical Society Inc reported income of $124k and spending of $115k, spending 93% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $223k to $124k (-44%), an average of -14% a year. The sharpest change came in the year to May 2022, when income rose by 263%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chester Historical Society Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Valley Band Boosters ($124k), Willamette Valley Hispanic Chamber of Commerce ($124k) and Cheyenne All-City Childrens Chorus ($124k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 43% and program service revenue 27% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.