Salem County Historical Society
Salem County Historical Society: Preserving History with Prudent Spending
EIN: 222355827 · Salem, NJ · NTEE: A80 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $522K |
| Total Expenses | $281K |
| Program Spending | 85% |
| Net Assets | $4.8M |
| Transparency Score | 85/100 |
Is Salem County Historical Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Salem County Historical Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Salem County Historical Society
Salem County Historical Society (EIN: 222355827) is a nonprofit organization based in Salem, NJ, classified under NTEE code A80. The organization reported total revenue of $522K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salem County Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salem County Historical Society is a small nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $333K |
| Total Expenses | $281K |
| Surplus / Deficit | +$51K |
| Total Assets | $4.8M |
| Total Liabilities | $13K |
| Net Assets | $4.8M |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 204.5 months |
Financial Health Grade: A
In 2023, Salem County Historical Society reported a surplus of $51K with revenue exceeding expenses, holds 204.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Salem County Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | -9.0% | +7.9% |
| 2022 | -11.7% | +26.0% | -17.8% |
| 2021 | +62.1% | +11.8% | +8.0% |
| 2020 | -21.4% | -5.6% | +7.9% |
| 2019 | +139.0% | +8.4% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Salem County Historical Society with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Salem County Historical Society allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided data, but the overall expense figures suggest a lean operational structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Salem County Historical Society:
- Consistent revenue generation over several years, demonstrating financial stability.
- Healthy asset base, with assets significantly exceeding liabilities.
- Low liability figures, indicating strong financial health and minimal debt.
- Consistent mission-related spending, as implied by the overall expense figures relative to revenue.
- Long-standing presence with consistent financial reporting.
Frequently Asked Questions about Salem County Historical Society
Is Salem County Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Salem County Historical Society (EIN: 222355827) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Salem County Historical Society spend its money?
Salem County Historical Society directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Salem County Historical Society tax-deductible?
Salem County Historical Society is registered as a tax-exempt nonprofit (EIN: 222355827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Salem County Historical Society's spending goes to programs?
Salem County Historical Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Salem County Historical Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Salem County Historical Society is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Salem County Historical Society located?
Salem County Historical Society is headquartered in Salem, New Jersey and files with the IRS under EIN 222355827. It is classified under NTEE code A80.
How many years of IRS 990 filings does Salem County Historical Society have?
Salem County Historical Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $522K in total revenue.
What does Salem County Historical Society do?
Salem County Historical Society is a nonprofit organization in the Arts, Culture & Humanities sector, located in Salem, New Jersey. It is classified under NTEE code A80.
How much revenue does Salem County Historical Society have?
Salem County Historical Society reported total revenue of $522,130. Based on 13 IRS 990 filings on record.
What are Salem County Historical Society's total assets?
Salem County Historical Society holds total assets of $4,994,780 as reported in IRS 990 filings.
Where is Salem County Historical Society located?
Salem County Historical Society is based in Salem, New Jersey.
What is Salem County Historical Society's EIN?
Salem County Historical Society's Employer Identification Number (EIN) is 222355827. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Salem County Historical Society?
Salem County Historical Society is classified under NTEE code A80 (Arts, Culture & Humanities).
Is Salem County Historical Society a registered 501(c)(3)?
Yes, Salem County Historical Society is recognized as a tax-exempt organization by the IRS. EIN: 222355827.
Does Salem County Historical Society file IRS Form 990?
Yes, Salem County Historical Society has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Salem County Historical Society's revenue in 2023?
In the 202312 filing period, Salem County Historical Society reported total revenue of $332,527, total expenses of $281,149, and net assets of $4,792,193.
Is Salem County Historical Society's revenue growing or declining?
Salem County Historical Society's revenue is relatively stable. Revenue went from $328,078 (202212) to $332,527 (202312), a +1.4% change. Based on 13 filings on record.
What is Salem County Historical Society's most recent 990 filing?
The most recent IRS Form 990 filing for Salem County Historical Society covers tax period 202312. It shows revenue of $332,527, expenses of $281,149, total assets of $4,792,193, and liabilities of $12,567.
How much does Salem County Historical Society spend on programs vs administration?
Based on IRS 990 analysis, Salem County Historical Society allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Salem County Historical Society a trustworthy charity?
Based on AI analysis of IRS 990 data, Salem County Historical Society appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Salem County Historical Society's strengths?
Positive indicators for Salem County Historical Society include: Consistent revenue generation over several years, demonstrating financial stability.. Healthy asset base, with assets significantly exceeding liabilities.. Low liability figures, indicating strong financial health and minimal debt.. Consistent mission-related spending, as implied by the overall expense figures relative to revenue.. Long-standing presence with consistent financial reporting.. These findings are derived from AI analysis of the organization's financial filings.
How does Salem County Historical Society compensate executives?
Executive compensation information is not explicitly detailed in the provided data, but the overall expense figures suggest a lean operational structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to maintain a relatively stable asset base despite fluctuations in annual revenue?
The organization appears to effectively manage its expenses and potentially has a strong endowment or investment strategy, as evidenced by the consistent asset figures (e.g., $4,994,780 in 2023 vs. $4,442,569 in 2022) even when revenue varies.
What specific programs or initiatives are supported by the majority of the organization's expenses, given the implied high program spending?
While specific program details are not provided in the raw data, the high program spending percentage suggests a significant investment in historical preservation, educational outreach, or museum operations, which would be detailed in their full Form 990.
Filing History
IRS 990 filing history for Salem County Historical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Salem County Historical Society's revenue has grown by 61.8%, moving from $206K to $333K. Total assets increased by 123.3% over the same period, from $2.1M to $4.8M. Total functional expenses rose by 49.1%, from $189K to $281K. In its most recent filing year (2023), Salem County Historical Society reported a surplus of $51K, with revenue exceeding expenses. The organization holds $13K in liabilities against $4.8M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $333K | $281K | $4.8M | $13K | — | — |
| 2022 | $328K | $309K | $4.4M | $19K | — | View 990 |
| 2021 | $372K | $245K | $5.4M | $15K | — | View 990 |
| 2020 | $229K | $219K | $5.0M | $15K | — | View 990 |
| 2019 | $292K | $232K | $4.6M | $15K | — | View 990 |
| 2018 | $122K | $214K | $4.1M | $16K | — | View 990 |
| 2017 | $403K | $233K | $4.5M | $12K | — | — |
| 2016 | $160K | $224K | $3.9M | $9K | — | View 990 |
| 2015 | $1.4M | $216K | $3.8M | $10K | — | View 990 |
| 2014 | $569K | $177K | $2.8M | $11K | — | View 990 |
| 2013 | $171K | $253K | $2.4M | $13K | — | View 990 |
| 2012 | $231K | $167K | $2.2M | $7K | — | View 990 |
| 2011 | $206K | $189K | $2.1M | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $333K, expenses of $281K, and assets of $4.8M (revenue +1.4% year-over-year).
- 2022: Revenue of $328K, expenses of $309K, and assets of $4.4M (revenue -11.7% year-over-year).
- 2021: Revenue of $372K, expenses of $245K, and assets of $5.4M (revenue +62.1% year-over-year).
- 2020: Revenue of $229K, expenses of $219K, and assets of $5.0M (revenue -21.4% year-over-year).
- 2019: Revenue of $292K, expenses of $232K, and assets of $4.6M (revenue +139.0% year-over-year).
- 2018: Revenue of $122K, expenses of $214K, and assets of $4.1M (revenue -69.7% year-over-year).
- 2017: Revenue of $403K, expenses of $233K, and assets of $4.5M (revenue +151.7% year-over-year).
- 2016: Revenue of $160K, expenses of $224K, and assets of $3.9M (revenue -88.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $216K, and assets of $3.8M (revenue +145.3% year-over-year).
- 2014: Revenue of $569K, expenses of $177K, and assets of $2.8M (revenue +232.1% year-over-year).
- 2013: Revenue of $171K, expenses of $253K, and assets of $2.4M (revenue -25.7% year-over-year).
- 2012: Revenue of $231K, expenses of $167K, and assets of $2.2M (revenue +12.2% year-over-year).
- 2011: Revenue of $206K, expenses of $189K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salem County Historical Society:
Data Sources and Methodology
This transparency report for Salem County Historical Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.