Antigua Progressive Society Inc

Analysis

Antigua Progressive Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Antigua Progressive Society Inc reported income of $94k and spending of $107k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $94k (+9.0%), an average of +9.0% a year. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Antigua Progressive Society 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 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Yellowstone Beer Fest ($94k), KV 265 NFP ($94k) and Sioux City Conservatory of Music ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $26k against liabilities of $14k, net assets of $12k.