The Preservation of Williamsport Foundation Inc

Analysis

The Preservation of Williamsport Foundation Inc is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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, The Preservation of Williamsport Foundation Inc reported income of $85k and spending of $45k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $16k to $85k (+417%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 541%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Preservation of Williamsport Foundation Inc sits at the 32nd percentile: it is larger than about 32% 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 Friends of West Springfield Senior Center Inc ($85k), Kent Association for Riding Therapy Inc ($85k) and Youth Services Association of Orange County ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 0.5% of the total. At year end it held assets of $460k against liabilities of $192k, net assets of $269k.