Society for the Preservation of Natural History Collections

Analysis

Society for the Preservation of Natural History Collections is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1989, 37 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for the Preservation of Natural History Collections reported income of $58k and spending of $87k, spending 150% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $92k to $58k (-37%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for the Preservation of Natural History Collections sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include Bagche Music Language and Art Inc ($58k), Music and Art at Trinity Cathedral Inc ($58k) and National Road Heritage Foundation ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $450k against liabilities of $2,799, net assets of $447k.