Sample McDougald House Preservation Society Inc

Analysis

Sample McDougald House Preservation Society Inc is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in October 1999, 27 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 July 2024, Sample McDougald House Preservation Society Inc reported income of $205k and spending of $214k, spending 104% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $155k to $205k (+32%), an average of +5.8% a year. The sharpest change came in the year to July 2024, when income rose by 40%. Over the whole period it spent 129% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sample McDougald House Preservation Society 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 Historic Hopewell Foundation Inc ($205k), Santa Fe Film Institute ($205k) and Worldwide Documentaries Inc ($204k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 57% and program service revenue 9.4% of the total. Other salaries and wages came to $73k. At year end it held assets of $1.2m against liabilities of $51k, net assets of $1.1m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.