Basilica Preservation Fund Inc

Analysis

Basilica Preservation Fund Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Basilica Preservation Fund Inc reported income of $214k and spending of $307k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $384k to $214k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Basilica Preservation Fund Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include My Fathers House Visalia Inc ($213k), Agape Puppets Inc ($214k) and Clay Pots Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $448k against liabilities of $0, net assets of $448k.