Preservation of Historic Winchester Inc

Analysis

Preservation of Historic Winchester Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in February 1975, 51 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 May 2024, Preservation of Historic Winchester Inc reported income of $76k and spending of $50k, leaving 35% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $42k to $76k (+80%), an average of +12% a year. The sharpest change came in the year to May 2020, when income rose by 64%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preservation of Historic Winchester Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Glenbrook Fireworks Inc ($76k), Childrens Performing Arts of Miamisburg ($76k) and Salon de LA Fama Latino Americano Del Deporte ($76k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 18% of the total. Compensation of current officers, directors and key employees was $27k (54% of expenses). At year end it held assets of $889k against liabilities of $893, net assets of $888k. It reported 2 employees.