Saratoga Springs Preservation Foundation Inc

Analysis

Saratoga Springs Preservation Foundation Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in January 1983, 43 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, Saratoga Springs Preservation Foundation Inc reported income of $543k and spending of $304k, leaving 44% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $264k to $543k (+105%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saratoga Springs Preservation Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Philmont Staff Association Inc ($543k), Hilltop Christian School ($543k) and Warwick Foundation Inc ($543k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 18% of the total. Other salaries and wages came to $174k. At year end it held assets of $1.9m against liabilities of $576k, net assets of $1.3m. It reported 5 employees.