Hastings Historical Society

Analysis

Hastings Historical Society is a registered charity in United States, based in Hastings HDSN, NY. It received its IRS tax-exemption ruling in December 1979, 47 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, Hastings Historical Society reported income of $79k and spending of $78k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $79k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 165% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hastings Historical Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include USA Swimming Inc ($79k), Lake Erie Fanfare Inc ($79k) and PTA North Carolina Congress ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $380k against liabilities of $0, net assets of $380k.