Heritage Preservation Trust

Analysis

Heritage Preservation Trust is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Heritage Preservation Trust reported income of $69k and spending of $95k, spending 136% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $97k to $69k (-29%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heritage Preservation Trust sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Georgia Poultry Foundation Inc ($69k), PTA California Congress of Parents Teachers & Students Inc ($69k) and Assoc for Education & Rehbltatn of the Blind & Visually Impaired ($69k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $1.1m against liabilities of $25k, net assets of $1.1m.