Hellenic International Studies in the Arts Inc

Analysis

Hellenic International Studies in the Arts Inc is a registered charity in United States, based in Parkton, MD. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Hellenic International Studies in the Arts Inc reported income of $107k and spending of $112k, spending 105% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $320k to $107k (-67%), an average of -42% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hellenic International Studies in the Arts Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include Harvard Business School Club of Atlanta Inc ($107k), Fmes PTO ($107k) and Casa Grande Rotary Foundation ($107k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $406 against liabilities of $0, net assets of $406.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.