Ipsinter Press Service-North America Inc

Analysis

Ipsinter Press Service-North America Inc is a registered charity in United States, based in Sunnyside, NY. It received its IRS tax-exemption ruling in October 1999, 27 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, Ipsinter Press Service-North America Inc reported income of $582k and spending of $310k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $582k (+154%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ipsinter Press Service-North America Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include World Shibori Network Inc ($582k), Historic Trappe ($582k) and Between Beats Inc ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $19k (6.0% of expenses). At year end it held assets of $393k against liabilities of $0, net assets of $393k.