Preservation Alliance of West

Analysis

Preservation Alliance of West is a registered charity in United States, based in Elkins, WV. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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, Preservation Alliance of West reported income of $824k and spending of $828k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $824k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preservation Alliance of West sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within WV. Charities of a similar size with the same main cause include Child Crisis Arizona Foundation ($824k), Providence Foundation ($824k) and Barrington Ambulance Association in ($824k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $60k (7.2% of expenses). Other salaries and wages came to $335k. At year end it held assets of $85k against liabilities of $13k, net assets of $72k. It reported 33 employees.