Preserve Mecklenburg Inc

Analysis

Preserve Mecklenburg Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2026. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Preserve Mecklenburg Inc reported income of $74k and spending of $51k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2020 to December 2021, income fell from $172k to $74k (-57%), an average of -57% a year. The sharpest change came in the year to December 2021, when income dropped by 57%. Over the whole period it spent 32% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preserve Mecklenburg Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Modest Fly Art Studio ($74k), Kansas City St Patricks Day Parade Committee Inc ($74k) and Cornerstone Community Radio Inc ($74k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 85% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.