Saint Petersburg Preservation Inc

Analysis

Saint Petersburg Preservation Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in January 2012, 14 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, Saint Petersburg Preservation Inc reported income of $217k and spending of $187k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $217k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saint Petersburg Preservation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Friends of the Paradise Theatre ($217k), Shullsburg S 4th of July Celebration Corporation ($217k) and Rock Island County Historical Society ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $82k (44% of expenses). At year end it held assets of $400k against liabilities of $146k, net assets of $254k. It reported 1 employees.