Port Aransas Preservation and Historical Association

Analysis

Port Aransas Preservation and Historical Association is a registered charity in United States, based in Port Aransas, TX. It received its IRS tax-exemption ruling in November 2005, 21 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, Port Aransas Preservation and Historical Association reported income of $822k and spending of $371k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $822k (+127%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Port Aransas Preservation and Historical Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Jeff Pino Foundation ($822k), Gala Choruses Inc ($822k) and Center for Research on Modernity in Transition ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $49k (13% of expenses). Other salaries and wages came to $106k. At year end it held assets of $1.9m against liabilities of $1,461, net assets of $1.9m. It reported 3 employees.