African American Community Cultural and Educational Society Inc

Analysis

African American Community Cultural and Educational Society Inc is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in February 2004, 22 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 December 2023, African American Community Cultural and Educational Society Inc reported income of $135k and spending of $233k, spending 172% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $226k to $135k (-40%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African American Community Cultural and Educational Society 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 41st percentile within WA. Charities of a similar size with the same main cause include Actors Studio of Newburyport Inc ($135k), 100 Black Men of Austin ($135k) and Respond to Racism in Lake Oswego ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.