Community Preservation Committee

Analysis

Community Preservation Committee is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in August 2023, 3 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Community Preservation Committee reported income of $69k and spending of $142k, spending 205% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $81k to $69k (-14%), an average of -3.0% a year. The sharpest change came in the year to April 2021, when income rose by 70%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Preservation Committee sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Ethiopian American Muslim Association of Nashville Eaman ($69k), Friends of the Oregon Caves and Chateau ($69k) and Daufuskie Island Historical Foundation ($69k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 37% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $16k (11% of expenses). Other salaries and wages came to $11k. At year end it held assets of $2.0m against liabilities of $11k, net assets of $2.0m. It reported 2 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.