The Historic Preservation Society of Durham Inc

Analysis

The Historic Preservation Society of Durham Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in December 1974, 52 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 2024, The Historic Preservation Society of Durham Inc reported income of $111k and spending of $127k, spending 114% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $211k to $111k (-47%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Historic Preservation Society of Durham Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include PTA Florida Congress ($111k), California Federation of Womens Clubs ($111k) and Almelund Volunteer Fire Department Relief Association ($111k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 36% of the total. At year end it held assets of $162k against liabilities of $42k, net assets of $120k.