Canton Preservation Society

Analysis

Canton Preservation Society is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in June 1978, 48 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 April 2024, Canton Preservation Society reported income of $146k and spending of $121k, spending 83% of its income. Across the 3 years on record, from April 2021 to April 2024, income grew from $145k to $146k (+0.1%), an average of +0.1% a year. The sharpest change came in the year to April 2024, when income rose by 104%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Canton Preservation Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Blast N Scrap ($146k), Ocean View Historical Society ($146k) and Mid-West Educational Center Inc ($146k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 50% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $65k (54% of expenses). At year end it held assets of $580k against liabilities of $0, net assets of $580k.