Westport Historical Society Inc

Analysis

Westport Historical Society Inc is a registered charity in United States, based in Westport, MA. It received its IRS tax-exemption ruling in July 1973, 53 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 September 2023, Westport Historical Society Inc reported income of $354k and spending of $153k, leaving 57% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $427k to $354k (-17%), an average of -4.6% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westport Historical Society Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Community Prevention Resources of Warren County Inc ($354k), St Charles Singers ($354k) and Episcopal Management Corporation of South Salt Lake Inc ($354k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 2.0% of the total. Other salaries and wages came to $66k. At year end it held assets of $1.1m against liabilities of $1,170, net assets of $1.1m. It reported 3 employees.