Historic Reno Preservation Society

Analysis

Historic Reno Preservation Society is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Historic Reno Preservation Society reported income of $78k and spending of $73k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $78k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Reno Preservation Society sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within NV. Charities of a similar size with the same main cause include Malaya Filipino American Dance Arts ($78k), Sequim Museum & Arts ($78k) and Schooner Martha Foundation ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 37% of the total. At year end it held assets of $117k against liabilities of $58k, net assets of $59k.