The Quincy Historical Preservation Trust

Analysis

The Quincy Historical Preservation Trust is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in January 1974, 52 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, The Quincy Historical Preservation Trust reported income of $60k and spending of $78k, spending 132% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $27k to $60k (+119%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 270%. Over the whole period it spent 233% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Quincy Historical Preservation Trust sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include New Canaan Public Access Inc ($59k), Honor Flight Pittsburgh ($60k) and Hui O Mana Ka Pu-Uwai Outrigger Canoe Club ($59k).

Compensation of current officers, directors and key employees was $12k (15% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.

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.