Preserving Christian Publications Inc

Analysis

Preserving Christian Publications Inc is a registered charity in United States, based in Boonville, NY. It received its IRS tax-exemption ruling in December 1989, 37 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Preserving Christian Publications Inc reported income of $396k and spending of $412k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $263k to $396k (+51%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preserving Christian Publications Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include New York Mills Arts Retreat ($396k), Redtone Records ($396k) and Invisible Theatre ($396k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $14k (3.3% of expenses). At year end it held assets of $391k against liabilities of $290k, net assets of $101k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.