Preserve Community Foundation

Analysis

Preserve Community Foundation is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Preserve Community Foundation reported income of $1.8m and spending of $227k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $1.8m (+948%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 834%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Preserve Community Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Expertise School of Beauty ($1.8m), Southwest Open School ($1.8m) and The John Paul Stevens Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.