Preservation Society of Columbus

Analysis

Preservation Society of Columbus is a registered charity in United States, based in Columbus, MS. It received its IRS tax-exemption ruling in January 2020, 6 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 September 2023, Preservation Society of Columbus reported income of $75k and spending of $80k, spending 106% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $56k to $75k (+33%), an average of +9.9% a year. The sharpest change came in the year to September 2022, when income rose by 4053%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preservation Society of Columbus sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MS. Charities of a similar size with the same main cause include Ashland Youth Ballet Inc ($75k), Laredo Cultural District Inc ($75k) and Symphony League Endowment Fund ($75k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 47% and program service revenue 45% of the total. At year end it held assets of $819 against liabilities of $0, net assets of $819.