Center for Preservation Initiatives

Analysis

Center for Preservation Initiatives is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Preservation Initiatives reported income of $64k and spending of $77k, spending 121% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $59k to $64k (+7.9%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Preservation Initiatives sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 13th percentile within DC. Charities of a similar size with the same main cause include Andres Institute of Art ($64k), Minnie Cannon Booster Club ($64k) and Eastern Center for Arts and Technology Foundation ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $64k against liabilities of $33k, net assets of $31k.