Old St Josephs Historic Preservation Corporation

Analysis

Old St Josephs Historic Preservation Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1995, 31 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 June 2023, Old St Josephs Historic Preservation Corporation reported income of $192k and spending of $43k, leaving 78% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $520k to $192k (-63%), an average of -28% a year. The sharpest change came in the year to June 2021, when income dropped by 54%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Old St Josephs Historic Preservation Corporation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Music Theater Bavaria Inc ($192k), Optical Heritage Museum ($192k) and Modus Opera Company Inc ($192k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $239k against liabilities of $267k, net assets of -$28k.