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Granby Preservation Society Inc

RegisteredEIN 47-1149437Granby, MAArts, culture, heritage and science
Income$75k2023-12
Spending$41ksame year
Spent / received55%2-year average
Size in its cause33rd pctArts, culture, heritage and science
Exempt since2018Publicly supported organisat
Employees–latest return

Analysis

Granby Preservation Society Inc is a registered charity in United States, based in Granby, MA. It received its IRS tax-exemption ruling in May 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Granby Preservation Society Inc reported income of $75k and spending of $41k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $75k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Granby Preservation Society Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Dance Evolution ($75k), Derby Historical Society ($75k) and Louisiana Council on Economic Education ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.

Income and spending

$0$19k$37k$56k$75k2022 Income: $60,6082022 Spending: $32,68320222023 Income: $74,7292023 Spending: $41,3772023
IncomeSpending

Where the income comes from

  • Contributions & grants 28%
  • Program services 70%
  • Other 1.7%

Similar-sized charities, same cause

CharityLocationIncome
Dance EvolutionCamas$75k
Derby Historical SocietyDerby$75k
Louisiana Council on Economic EducationBaton Rouge$75k
Honor Flight Network of Kansas CitySmithville$75k