Ossining Portuguese Center Inc

Analysis

Ossining Portuguese Center Inc is a registered charity in United States, based in Ossining, NY. It received its IRS tax-exemption ruling in September 2017, 9 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, Ossining Portuguese Center Inc reported income of $73k and spending of $68k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $130k to $73k (-44%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 219%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ossining Portuguese Center Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Rainier Symphony ($73k), Pixels and Polygons Inc ($73k) and South Jersey Jazz Society Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.