Venice Historic Preservation League Inc

Analysis

Venice Historic Preservation League Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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 February 2024, Venice Historic Preservation League Inc reported income of $50k and spending of $34k, leaving 32% of income unspent that year. Across the 2 years on record, from February 2023 to February 2024, income fell from $155k to $50k (-67%), an average of -68% a year. The sharpest change came in the year to February 2024, when income dropped by 67%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Venice Historic Preservation League Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include PTA Delaware Congress ($50k), North Kitsap High School Ptsa 1 7 25 ($50k) and Steven Whitehouse and Friends ($50k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 45% and program service revenue 30% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.