Greek Cultural Center Inc

Analysis

Greek Cultural Center Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in September 1981, 45 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, Greek Cultural Center Inc reported income of $104k and spending of $94k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $3,630 to $104k (+2774%), an average of +206% a year. The sharpest change came in the year to December 2021, when income rose by 1303%. 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, Greek Cultural Center Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Prairie Dance Theatre Inc ($104k), East Winds Inc ($104k) and Chicago Literary Hall of Fame ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. At year end it held assets of $31k against liabilities of $25k, net assets of $5,719.