Montgomery Preservation Inc

Analysis

Montgomery Preservation Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 1985, 41 years ago. 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, Montgomery Preservation Inc reported income of $61k and spending of $50k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14k to $61k (+345%), an average of +45% a year. The sharpest change came in the year to June 2021, when income rose by 2590%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery Preservation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Meals on Wheels of Piqua ($61k), Curious Theatre Branch ($61k) and Trout Unlimited ($61k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 35% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.