Center for Arabic Culture Inc

Analysis

Center for Arabic Culture Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in July 2006, 20 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 2022, Center for Arabic Culture Inc reported income of $231k and spending of $182k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income grew from $214k to $231k (+8.2%), an average of +4.0% a year. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Arabic Culture Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Level Ground Inc ($231k), Friends of Vernon Center Inc ($231k) and Community Healing Network Inc ($231k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $36k. At year end it held assets of $222k against liabilities of $0, net assets of $222k.