Peerless Rockville Historic Preservation Ltd

Analysis

Peerless Rockville Historic Preservation Ltd is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in July 1980, 46 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 June 2023, Peerless Rockville Historic Preservation Ltd reported income of $217k and spending of $263k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $233k to $217k (-6.9%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peerless Rockville Historic Preservation Ltd sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Innervision Theatre Arts Center Inc ($217k), Dance Canvas Inc ($217k) and Shullsburg S 4th of July Celebration Corporation ($217k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $110k (42% of expenses). Other salaries and wages came to $55k. At year end it held assets of $945k against liabilities of $113k, net assets of $833k. It reported 4 employees.