CCN Historic Building Preservation Foundation

Analysis

CCN Historic Building Preservation Foundation is a registered charity in United States, based in Newport, RI. It received its IRS tax-exemption ruling in July 2004, 22 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 December 2023, CCN Historic Building Preservation Foundation reported income of $355k and spending of $252k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2,799 to $355k (+12578%), an average of +236% a year. The sharpest change came in the year to December 2023, when income rose by 15104%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, CCN Historic Building Preservation Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within RI. Charities of a similar size with the same main cause include Camarada Inc ($355k), World Famous Blue Crab Festival Inc ($355k) and Museum at Portland Head Light ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.