A Public Space Literary Projects Inc

Analysis

A Public Space Literary Projects Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2007, 19 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 December 2023, A Public Space Literary Projects Inc reported income of $501k and spending of $339k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $501k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A Public Space Literary Projects Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Edge Motor Museum Inc ($501k), Little Theatre of New Smyrna Beach Inc 726 Third Ave ($501k) and Augusta Mini Theatre Inc ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Other salaries and wages came to $41k. At year end it held assets of $672k against liabilities of $99k, net assets of $573k. It reported 2 employees.