Waterville Preservation Society

Analysis

Waterville Preservation Society is a registered charity in United States, based in Waterville, KS. It received its IRS tax-exemption ruling in August 2003, 23 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, Waterville Preservation Society reported income of $117k and spending of $137k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $117k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Waterville Preservation Society sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within KS. Charities of a similar size with the same main cause include Robert Craig Films Foundation ($117k), American Chemical Society ($117k) and Judith River Foundation Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 91% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.