Townsend Historical Society Inc

Analysis

Townsend Historical Society Inc is a registered charity in United States, based in Townsend, MA. It received its IRS tax-exemption ruling in September 1972, 54 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Townsend Historical Society Inc reported income of $88k and spending of $59k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $88k (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Townsend Historical Society Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Chicago Community Chorus ($88k), 5280 Plus Senior Chorales ($88k) and Friends Of@danceworks Wa ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 0.6% of the total. Other salaries and wages came to $4,390. At year end it held assets of $729k against liabilities of $650, net assets of $728k. It reported 2 employees.