Is New Castle Historical Society Legit?

Quick charity verification for New Castle Historical Society (EIN: 20627555)

Verdict: New Castle Historical Society appears trustworthy

75/100Mission Score
$0Revenue
$0Assets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The New Castle Historical Society appears to be a small, community-focused organization with fluctuating financial performance. In 2023, the organization experienced a deficit, with expenses of $89,819 exceeding revenue of $64,529. This contrasts with 2022, where revenue of $84,865 surpassed expenses of $71,983, indicating some variability in their financial stability. Despite the deficit in the latest period, the organization maintains a healthy asset base of $162,076 with no reported liabilities, suggesting good financial management in terms of debt. The consistent reporting of 0% officer compensation across both periods indicates a volunteer-driven leadership or that compensation falls below reporting thresholds, which is common for smaller historical societies and generally viewed positively for transparency and resource allocation to mission. The organization's NTEE code A80 (Historical Societies and Related Activities) aligns well with its name and presumed mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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