Sheffield Historical Society

Analysis

Sheffield Historical Society is a registered charity in United States, based in Sheffield, MA. It received its IRS tax-exemption ruling in January 1974, 52 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 (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 2024, Sheffield Historical Society reported income of $138k and spending of $133k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $87k to $138k (+59%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sheffield Historical Society sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Aca of Central Florida Inc ($138k), Halau Hula Kauluokala Inc ($138k) and Friends of the National Museum of Asian Pacific American History and ($138k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $26k (19% of expenses). At year end it held assets of $1.3m against liabilities of $3,522, net assets of $1.3m. It reported 2 employees.