Wadsworth-Sulgrave Historic Preservation Foundation

Analysis

Wadsworth-Sulgrave Historic Preservation Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1983, 43 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 March 2023, Wadsworth-Sulgrave Historic Preservation Foundation reported income of $257k and spending of $16k, leaving 94% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $194k to $257k (+32%), an average of +9.8% a year. The sharpest change came in the year to March 2022, when income rose by 136%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wadsworth-Sulgrave Historic Preservation Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include New Orleans Academy of Ophthalmology Inc ($257k), Kent Plantation House Incorporated ($257k) and Knoxville Museum of Art Foundation ($257k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.