Association for Preservation Technology Northeast Inc

Analysis

Association for Preservation Technology Northeast Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2006, 20 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, Association for Preservation Technology Northeast Inc reported income of $165k and spending of $145k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $165k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association for Preservation Technology Northeast Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Friends of the Riverside Cemetery Inc ($165k), Denver Lyric Opera Guild ($165k) and Gordon House Conservancy Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.