Heritage Preservation Trust Inc

Analysis

Heritage Preservation Trust Inc is a registered charity in United States, based in Edgefield, SC. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2022, Heritage Preservation Trust Inc reported income of $2.3m and spending of $1.1m, leaving 53% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.7m to $2.3m (-14%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 37% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Heritage Preservation Trust Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Freshwater Land Trust ($2.3m), Institute for Energy Research ($2.3m) and Clean Energy for America Education Fund ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $488k (46% of expenses). Other salaries and wages came to $160k. At year end it held assets of $12.7m against liabilities of $114k, net assets of $12.6m. It reported 4 employees.