Preservery Foundation

Analysis

Preservery Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Preservery Foundation reported income of $271k and spending of $274k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $271k (+444%), an average of +444% a year. The sharpest change came in the year to December 2023, when income rose by 444%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Preservery Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include House of Blessing ($270k), Hostage Rescue Team Association ($271k) and Barber County United Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $211k (77% of expenses). At year end it held assets of $6,291 against liabilities of $0, net assets of $6,291. It reported 2 employees.