Polish American String Band Inc

Analysis

Polish American String Band Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2003, 23 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 June 2024, Polish American String Band Inc reported income of $201k and spending of $181k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $123k to $201k (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 231%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Polish American String Band Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include American Association of Veterinary Parasitologists ($201k), Compania de Baile Ballet Senorial ($201k) and Pocket Theatre Incorporated ($201k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 70% of the total. At year end it held assets of $450k against liabilities of $0, net assets of $450k.