Preservation Dallas

Analysis

Preservation Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1973, 53 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 June 2023, Preservation Dallas reported income of $474k and spending of $500k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $502k to $474k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to June 2022, when income dropped by 41%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preservation Dallas sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include South Texas Alliance for Orphans ($474k), Paul Kares Inc ($474k) and Idacorp Employee Community Services Fund Inc ($474k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 16% of the total. Other salaries and wages came to $160k. It paid $20k in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $19k, net assets of $1.0m. It reported 4 employees.