Olde Towne Preservation Association of North Augusta

Analysis

Olde Towne Preservation Association of North Augusta is a registered charity in United States, based in North Augusta, SC. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Olde Towne Preservation Association of North Augusta reported income of $109k and spending of $19k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $109k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olde Towne Preservation Association of North Augusta sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Christmas Shoes ($109k), House of Joy Inc ($109k) and Jovenes Bronx Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 8.7% of the total. At year end it held assets of $228k against liabilities of $1,493, net assets of $227k.