Fred J Johnston Preservation TR

Analysis

Fred J Johnston Preservation TR is a registered charity in United States, based in Brooklyn, OH. It received its IRS tax-exemption ruling in July 2003, 23 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2022, Fred J Johnston Preservation TR reported income of $123k and spending of $105k, spending 86% of its income. Across the 3 years on record, from February 2020 to February 2022, income fell from $141k to $123k (-13%), an average of -6.5% a year. The sharpest change came in the year to February 2022, when income rose by 182%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fred J Johnston Preservation TR sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Carmel Porchfest ($123k), Serafina Arts Inc ($123k) and Kit Carson House Inc ($123k).

Compensation of current officers, directors and key employees was $26k (24% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.