Preservation Chapel Hill

Analysis

Preservation Chapel Hill is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in January 1973, 53 years ago. 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 June 2023, Preservation Chapel Hill reported income of $191k and spending of $143k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $109k to $191k (+75%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 100%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preservation Chapel Hill sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($191k), The Glenwood School Foundation ($191k) and Ho Opulapula Haraguchi Rice Mill ($191k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 16% of the total. Other salaries and wages came to $40k. At year end it held assets of $848k against liabilities of $1,156, net assets of $847k. It reported 2 employees.