German Cultural Society Inc

Analysis

German Cultural Society Inc is a registered charity in United States, based in Saddle River, NJ. It received its IRS tax-exemption ruling in August 1980, 46 years ago. 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 August 2023, German Cultural Society Inc reported income of $153k and spending of $171k, spending 112% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $139k to $153k (+9.7%), an average of +9.7% a year. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, German Cultural Society Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Masonic Charities of Maryland Inc ($153k), PTA California Congress of Parents Teachers & Students Inc ($153k) and Hammond Education Foundation Inc ($153k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. At year end it held assets of $255k against liabilities of $66k, net assets of $188k.