Ashland Historical Society

Analysis

Ashland Historical Society is a registered charity in United States, based in Ashland, MA. It received its IRS tax-exemption ruling in April 1978, 48 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, Ashland Historical Society reported income of $72k and spending of $42k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $72k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashland Historical Society sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Freedom Bridge Animal Rescue Inc ($72k), Arc of Decatur County Inc ($72k) and River Valley Disabled American Veterans ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $704k against liabilities of $0, net assets of $704k.