American Karachai-Kavkaz Benevolent Association Inc

Analysis

American Karachai-Kavkaz Benevolent Association Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in July 2002, 24 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, American Karachai-Kavkaz Benevolent Association Inc reported income of $125k and spending of $110k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $17k to $125k (+623%), an average of +169% a year. The sharpest change came in the year to December 2023, when income rose by 637%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Karachai-Kavkaz Benevolent Association Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Quiltfest Inc of Jacksonville Florida ($125k), Museum of Ceramics Foundation ($125k) and Midway Band Backers ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.