Milton Historical Society

Analysis

Milton Historical Society is a registered charity in United States, based in Milton, DE. It received its IRS tax-exemption ruling in January 1972, 54 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 December 2023, Milton Historical Society reported income of $126k and spending of $118k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $182k to $126k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milton Historical Society 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 43rd percentile, and in the 38th percentile within DE. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($126k), Mending Spirits Animal Rescue ($126k) and Bannock County Historical Society ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $50k. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.2m. It reported 1 employees.