Preservingus

Analysis

Preservingus is a registered charity in United States, based in Prairie Village, KS. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Preservingus reported income of $3.6m and spending of $191k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $682k to $3.6m (+433%), an average of +52% a year. The sharpest change came in the year to December 2020, when income rose by 277%. Over the whole period it spent 18% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Preservingus sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Gloucester County Housing Development Corporation ($3.6m), Phoenix Villa ($3.6m) and Bridge Northwest Development Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 27% of the total. At year end it held assets of $19.2m against liabilities of $652k, net assets of $18.5m.