Palm Springs Preservation Foundation

Analysis

Palm Springs Preservation Foundation is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in November 2010, 16 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 September 2023, Palm Springs Preservation Foundation reported income of $144k and spending of $285k, spending 198% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $184k to $144k (-22%), an average of -6.0% a year. The sharpest change came in the year to September 2020, when income dropped by 35%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palm Springs Preservation Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Anul Cuwhal Santa Isabel Needles Regional Museum ($144k), Mudra Dance Studio ($144k) and Chino Basque Club ($144k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.