Whitesbog Preservation Trust Inc

Analysis

Whitesbog Preservation Trust Inc is a registered charity in United States, based in Browns Mills, NJ. It received its IRS tax-exemption ruling in June 1987, 39 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 December 2023, Whitesbog Preservation Trust Inc reported income of $385k and spending of $302k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $385k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Whitesbog Preservation Trust Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Asian American Media Inc ($385k), Stone Mountain Highland Games Inc ($385k) and Princess and the Platypus Foundation ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $55k (18% of expenses). Other salaries and wages came to $48k. At year end it held assets of $252k against liabilities of $40k, net assets of $212k. It reported 9 employees.