Spring Grove Area Historical Preservation Society

Analysis

Spring Grove Area Historical Preservation Society is a registered charity in United States, based in Spring Grove, PA. It received its IRS tax-exemption ruling in May 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spring Grove Area Historical Preservation Society reported income of $87k and spending of $134k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $87k (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spring Grove Area Historical Preservation Society sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Mom Art Annex ($87k), BJ & Skips for the Music Foundation ($87k) and Varsity Center for the Arts Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. Compensation of current officers, directors and key employees was $53k (40% of expenses). At year end it held assets of $2.5m against liabilities of $5,154, net assets of $2.5m. It reported 1 employees.