Cyprus American Archaeological Research Institute Inc

Analysis

Cyprus American Archaeological Research Institute Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in May 1980, 46 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 June 2023, Cyprus American Archaeological Research Institute Inc reported income of $326k and spending of $369k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $347k to $326k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income rose by 372%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cyprus American Archaeological Research Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Colonial Fox Foundation ($326k), Roots of American Music Inc ($326k) and International Media Project ($326k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $69k (19% of expenses). Other salaries and wages came to $61k. At year end it held assets of $4.0m against liabilities of -$12k, net assets of $4.0m.