Hartford Preservation Alliance Inc

Analysis

Hartford Preservation Alliance Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in July 1998, 28 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, Hartford Preservation Alliance Inc reported income of $66k and spending of $43k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $66k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income rose by 3549%. Over the whole period it spent 8.5% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hartford Preservation Alliance Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within CT. Charities of a similar size with the same main cause include Jam Room Foundation ($66k), International Human Rights Art Festival Inc ($66k) and Dupage Graue Mill Foundation ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $20k (46% of expenses). At year end it held assets of $9.2m against liabilities of $41k, net assets of $9.1m. It reported 1 employees.