Springfield Preservation and Revitalization Council Inc

Analysis

Springfield Preservation and Revitalization Council Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 1980, 46 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, Springfield Preservation and Revitalization Council Inc reported income of $525k and spending of $488k, spending 93% of its income. Across the 5 years on record, from September 2019 to December 2023, income grew from $358k to $525k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 328%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Springfield Preservation and Revitalization Council Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Center for Contemporary Printmaking Inc ($525k), Krewe of Poseidon Inc ($525k) and Council on Technology & Society ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $111k. At year end it held assets of $964k against liabilities of $84k, net assets of $880k. It reported 3 employees.