Historical Society of the Tonawandas Inc

Analysis

Historical Society of the Tonawandas Inc is a registered charity in United States, based in Tonawanda, NY. It received its IRS tax-exemption ruling in September 1972, 54 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, Historical Society of the Tonawandas Inc reported income of $53k and spending of $42k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $53k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historical Society of the Tonawandas Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Big Stone County Historical Society ($53k), Friends of Memorial Park Pool Inc ($53k) and The Glenarden Track Club ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $321k against liabilities of $6,300, net assets of $314k.