Christ Church Preservation Trust

Analysis

Christ Church Preservation Trust is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2004, 22 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christ Church Preservation Trust reported income of $930k and spending of $877k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $930k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Christ Church Preservation Trust sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Garry Marshall Theatre ($930k), American Needlepoint Guild Inc ($931k) and Museum of Northwest Art ($929k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $178k (20% of expenses). Other salaries and wages came to $414k. At year end it held assets of $227k against liabilities of $0, net assets of $227k. It reported 44 employees.