Woburn Historical Society Inc

Analysis

Woburn Historical Society Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in September 2007, 19 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 (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, Woburn Historical Society Inc reported income of $55k and spending of $51k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $37k to $55k (+48%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Woburn Historical Society Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Apogee Arts ($55k), Garden Grove Historical Society ($55k) and International Institute for Human Factor Development U S a Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.