Racing History Preservation Group Inc

Analysis

Racing History Preservation Group Inc is a registered charity in United States, based in Loudon, NH. It received its IRS tax-exemption ruling in September 2011, 15 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 December 2023, Racing History Preservation Group Inc reported income of $315k and spending of $219k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $315k (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Racing History Preservation Group Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within NH. Charities of a similar size with the same main cause include The Gifford Flordia Youth Orchestra ($314k), Forever Family Foundation Inc ($315k) and Columbus Historical Society ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 50% of the total. Other salaries and wages came to $91k. At year end it held assets of $1.2m against liabilities of $6,802, net assets of $1.2m. It reported 1 employees.