Delray Beach Historical Society Inc

Analysis

Delray Beach Historical Society Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in March 1985, 41 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 September 2023, Delray Beach Historical Society Inc reported income of $439k and spending of $481k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $312k to $439k (+40%), an average of +8.9% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delray Beach Historical Society Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Vallejo Senior Citizens Council ($439k), Mid Michigan College Foundation ($439k) and Korean American Association of Greater New York Inc ($439k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $90k (19% of expenses). Other salaries and wages came to $107k. At year end it held assets of $660k against liabilities of $0, net assets of $660k. It reported 5 employees.