Association Culturelle Et Historique du Mont Carmel

Analysis

Association Culturelle Et Historique du Mont Carmel is a registered charity in United States, based in Lille, ME. It received its IRS tax-exemption ruling in February 1992, 34 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 2023, Association Culturelle Et Historique du Mont Carmel reported income of $68k and spending of $70k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $68k (-19%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. 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, Association Culturelle Et Historique du Mont Carmel sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 20th percentile within ME. Charities of a similar size with the same main cause include The Three Arts Club of Homeland Inc ($68k), Arpi Publishing ($68k) and Oregon Made Creative Foundation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $294k against liabilities of $5,896, net assets of $288k.