Putnam County Society

Analysis

Putnam County Society is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Putnam County Society reported income of $332k and spending of $242k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $332k (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Putnam County Society sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Thomas Lucius Downs Jr & Grace Pate Downs Scholarship Fund ($332k), National Preservation Institute ($332k) and Habitat for Humanity International Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (25% of expenses). Other salaries and wages came to $17k. At year end it held assets of $129k against liabilities of $0, net assets of $129k. It reported 3 employees.