Geros Tou Morea Inc

Analysis

Geros Tou Morea Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in February 2015, 11 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, Geros Tou Morea Inc reported income of $97k and spending of $82k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $112k to $97k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 187%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Geros Tou Morea Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Singers Club ($97k), Musica Nova Inc ($97k) and Caladium Arts & Crafts Cooperative Inc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $439k against liabilities of $56k, net assets of $382k.