Photographic Resource Center Inc

Analysis

Photographic Resource Center Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in May 1977, 49 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 June 2024, Photographic Resource Center Inc reported income of $136k and spending of $110k, spending 80% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $117k to $136k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Photographic Resource Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Texas Redmen Foundation Inc ($136k), Loveland Creatorspace ($136k) and Bijte E Shqipes ($136k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 28% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.