Eli Whitney Blake House Preservation Trust Inc

Analysis

Eli Whitney Blake House Preservation Trust Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in October 2022, 4 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 May 2024, Eli Whitney Blake House Preservation Trust Inc reported income of $148k and spending of $4,719, leaving 97% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income fell from $757k to $148k (-80%), an average of -80% a year. The sharpest change came in the year to May 2024, when income dropped by 80%. Over the whole period it spent 2.4% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eli Whitney Blake House Preservation Trust Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CT. Charities of a similar size with the same main cause include Single Event Effects Symposium ($148k), Open Sky Radio Corporation ($148k) and Colorscape Cheango Arts Festival Inc ($148k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.9m against liabilities of $1.0m, net assets of $882k.