Sumter Historic Preservation Society

Analysis

Sumter Historic Preservation Society is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in December 1973, 53 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 December 2023, Sumter Historic Preservation Society reported income of $77k and spending of $105k, spending 137% of what it took in. Across the 6 years on record, from April 2019 to December 2023, income fell from $78k to $77k (-1.0%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sumter Historic Preservation Society sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within GA. Charities of a similar size with the same main cause include Zavala Hispanic Cultural Initiative ($77k), Newstar Chinese School ($77k) and Port Ludlow Performing Arts ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 26% of the total. At year end it held assets of $592k against liabilities of $0, net assets of $592k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.