Charleston Peninsula Preservation Trust

Analysis

Charleston Peninsula Preservation Trust is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Charleston Peninsula Preservation Trust reported income of $53k and spending of $33k, leaving 37% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $40k to $53k (+31%), an average of +31% a year. The sharpest change came in the year to May 2023, when income rose by 31%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Charleston Peninsula Preservation Trust sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Building Selflove Foundation ($53k), Independence Community Events ($53k) and Covington Business Council Foundaiton Inc ($53k).

On its Form 990-EZ for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.