Florida Trust for Historic Preservation Inc

Analysis

Florida Trust for Historic Preservation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in February 1979, 47 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florida Trust for Historic Preservation Inc reported income of $202k and spending of $438k, spending 217% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $394k to $202k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 1955%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Trust for Historic Preservation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Denver Homeless Voice ($202k), Naperville Art League ($202k) and On Stage Theatrical Productions Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $97k (22% of expenses). Other salaries and wages came to $90k. At year end it held assets of $5.1m against liabilities of $6,186, net assets of $5.1m. It reported 7 employees.