High Point Preservation Society Inc

Analysis

High Point Preservation Society Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in July 2017, 9 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, High Point Preservation Society Inc reported income of $375k and spending of $366k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $264k to $375k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, High Point Preservation Society Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include McCandless Collection Inc ($375k), Gospel Music Workshop of America Inc ($375k) and Floyd Community Center for the Arts Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $11k. At year end it held assets of $263k against liabilities of $0, net assets of $263k. It reported 1 employees.