Center for a New Culture

Analysis

Center for a New Culture is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for a New Culture reported income of $61k and spending of $95k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $61k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for a New Culture sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within VA. Charities of a similar size with the same main cause include Wade Hampton Football Booster Club ($61k), Kids Chance Inc ($61k) and Kipp Support Corporation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. At year end it held assets of $16k against liabilities of $4,725, net assets of $11k.