Committee on Poetry Inc

Analysis

Committee on Poetry Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1966, 60 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 May 2023, Committee on Poetry Inc reported income of $132k and spending of $115k, spending 88% of its income. Across the 2 years on record, from May 2021 to May 2023, income grew from $49k to $132k (+167%), an average of +167% a year. The sharpest change came in the year to May 2023, when income rose by 167%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Committee on Poetry Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Audience of One Productions Inc ($132k), World Organization of China Painters ($132k) and Columbia County Ballet Inc ($132k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. At year end it held assets of $347k against liabilities of $0, net assets of $347k.