Rehoboth Beach Historical Society

Analysis

Rehoboth Beach Historical Society is a registered charity in United States, based in Rehoboth BCH, DE. It received its IRS tax-exemption ruling in March 1977, 49 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, Rehoboth Beach Historical Society reported income of $235k and spending of $281k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $235k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rehoboth Beach Historical Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 52nd percentile within DE. Charities of a similar size with the same main cause include Symphony of the Redwoods ($235k), Susquehanna Valley Chorale ($235k) and Cornerstone Academy of Performing Arts Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $39k (14% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.6m against liabilities of $289, net assets of $1.6m. It reported 10 employees.