Pella Preservation Trust

Analysis

Pella Preservation Trust is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Pella Preservation Trust reported income of $71k and spending of $91k, spending 129% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $117k to $71k (-39%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pella Preservation Trust sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IA. Charities of a similar size with the same main cause include Heart of Texas Christian Womens Job Corps ($71k), Access Ready Inc ($71k) and Northport - East Northport Kiwanis Charitable Foundation ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Other salaries and wages came to $5,800. At year end it held assets of $171k against liabilities of $0, net assets of $171k. It reported 2 employees.