River City Society for Historic Preservation

Analysis

River City Society for Historic Preservation is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in May 1988, 38 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 March 2023, River City Society for Historic Preservation reported income of $67k and spending of $107k, spending 158% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $28k to $67k (+141%), an average of +34% a year. The sharpest change came in the year to March 2021, when income rose by 168%. Over the whole period it spent 168% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, River City Society for Historic Preservation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IA. Charities of a similar size with the same main cause include Friends of the Roswell Library Inc ($67k), League of Utah Writers ($67k) and Crimestoppers Plus Inc ($67k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 52% and program service revenue 29% of the total. At year end it held assets of $789k against liabilities of $0, net assets of $789k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.