Preservation Trades Network Inc

Analysis

Preservation Trades Network Inc is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Preservation Trades Network Inc reported income of $81k and spending of $81k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $81k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Preservation Trades Network Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 22nd percentile within VT. Charities of a similar size with the same main cause include Logans Landing Association Inc ($81k), Saguaro Janes Corporation ($81k) and Rotary Club of Germantown Charitable Trust ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.