Power of Preservation Foundation

Analysis

Power of Preservation Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2012, 14 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, Power of Preservation Foundation reported income of $309k and spending of $216k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $309k (+412%), an average of +412% a year. The sharpest change came in the year to December 2023, when income rose by 412%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Power of Preservation Foundation 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 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Cape Cod Chamber Music Festival Inc ($309k), Berkeley Community Media ($309k) and Twelve Gates Arts ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $399k against liabilities of $0, net assets of $399k.