Society for the Preservation & Appreciation of Antique Motor Fire

Analysis

Society for the Preservation & Appreciation of Antique Motor Fire is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in August 1967, 59 years ago. 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 December 2023, Society for the Preservation & Appreciation of Antique Motor Fire reported income of $111k and spending of $109k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $128k to $111k (-14%), an average of -7.2% a year. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for the Preservation & Appreciation of Antique Motor Fire sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Friends of the Macon County Public Library ($111k), Henderson Harbor Water Sports Programs Inc ($111k) and Holiday Heights First Aid Squad Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 22% of the total. At year end it held assets of $490k against liabilities of $0, net assets of $490k.