Lambertville Historical Society

Analysis

Lambertville Historical Society is a registered charity in United States, based in Lambertville, NJ. It received its IRS tax-exemption ruling in April 1996, 30 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, Lambertville Historical Society reported income of $75k and spending of $56k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $67k to $75k (+13%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lambertville Historical Society 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 NJ. Charities of a similar size with the same main cause include Wickham Works Inc ($75k), Prospect Foundation Inc ($75k) and Clann Na Cara Parent Organization Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.