Irish American Community Center Venice Place

Analysis

Irish American Community Center Venice Place is a registered charity in United States, based in East Haven, CT. It received its IRS tax-exemption ruling in July 1982, 44 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, Irish American Community Center Venice Place reported income of $147k and spending of $128k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $147k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Irish American Community Center Venice Place 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 Placitas Artist Series Inc ($147k), Northern Colorado Potters Guild & Studio ($147k) and Unscrewed Theater ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 26% of the total. At year end it held assets of $753k against liabilities of $29k, net assets of $724k.