Foundation for the Preservation of Historic Georgetown

Analysis

Foundation for the Preservation of Historic Georgetown is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2023, Foundation for the Preservation of Historic Georgetown reported income of $119k and spending of $75k, leaving 37% of income unspent that year. Across the 4 years on record, from January 2020 to January 2023, income fell from $136k to $119k (-13%), an average of -4.4% a year. The sharpest change came in the year to January 2022, when income rose by 27%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for the Preservation of Historic Georgetown sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include Disciple Renewal Inc ($119k), Farmington Five Hundred Boys Club Inc ($119k) and Wilkes Education Foundation Inc ($119k).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 4.2% of the total. At year end it held assets of $1.1m against liabilities of $8,900, net assets of $1.1m.