Greator Bristol Historical Society Inc

Analysis

Greator Bristol Historical Society Inc is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in June 1971, 55 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, Greator Bristol Historical Society Inc reported income of $99k and spending of $162k, spending 164% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $159k to $99k (-38%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 48%. Over the whole period it spent 145% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greator Bristol Historical Society Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include The Chattahoochee Valley State Community College Foundation ($99k), Haiti Vision Inc ($99k) and Jack Shockley Warriors for Peace Inc ($99k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 6.4% of the total. At year end it held assets of $1.6m against liabilities of $4,000, net assets of $1.6m.

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.