Society for the Preservation of Long Island Antiquities Inc

Analysis

Society for the Preservation of Long Island Antiquities Inc is a registered charity in United States, based in Cold SPG HBR, NY. It received its IRS tax-exemption ruling in April 1951, 75 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 April 2023, Society for the Preservation of Long Island Antiquities Inc reported income of $897k and spending of $1.2m, spending 134% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $780k to $897k (+15%), an average of +3.5% a year. The sharpest change came in the year to April 2021, when income rose by 30%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for the Preservation of Long Island Antiquities Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Energy Education Foundation ($897k), The Legacy Arts Project Inc ($897k) and Cool Spring Downtown District Inc ($897k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 27% and program service revenue 13% of the total. Other salaries and wages came to $532k. At year end it held assets of $16.9m against liabilities of $107k, net assets of $16.8m. It reported 11 employees.