The Preservation Company of the Peekskill Area Health Center Inc

Analysis

The Preservation Company of the Peekskill Area Health Center Inc is a registered charity in United States, based in Peekskill, NY. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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 June 2023, The Preservation Company of the Peekskill Area Health Center Inc reported income of $258k and spending of $276k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $310k to $258k (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Preservation Company of the Peekskill Area Health Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Napoleonville Volunteer Fire Department Inc ($258k), Senior Citizens Center ($258k) and Hermann Fire Company No 1 Inc ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $2.2m against liabilities of $781k, net assets of $1.4m.