Westbeth Artists-Residents Council Inc

Analysis

Westbeth Artists-Residents Council Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Westbeth Artists-Residents Council Inc reported income of $104k and spending of $134k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $104k (-14%), an average of -14% a year. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westbeth Artists-Residents Council Inc sits at the 37th percentile: it is larger than about 37% 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 Mercer County Historical Society Inc ($104k), Hartington Senior Citizens Inc ($104k) and Gibraltar Volunteer Firemans Relief Association ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.