Foundation for the Preservation of 108 South Jackson St Inc

Analysis

Foundation for the Preservation of 108 South Jackson St Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in December 1996, 30 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 May 2024, Foundation for the Preservation of 108 South Jackson St Inc reported income of $101k and spending of $52k, leaving 48% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $51k to $101k (+98%), an average of +98% a year. The sharpest change came in the year to May 2024, when income rose by 98%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation for the Preservation of 108 South Jackson St Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Stoughton Opera House Friends Association Inc ($101k), Springfield Telescope Makers Inc ($101k) and Friends of the Cemetery-Medina Ohio ($101k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 74% and program service revenue 6.7% of the total. At year end it held assets of $322k against liabilities of $956, net assets of $321k.