Astral Artists Inc Astral Artists Inc

Analysis

Astral Artists Inc Astral Artists Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Astral Artists Inc Astral Artists Inc reported income of $751k and spending of $906k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $507k to $751k (+48%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Astral Artists Inc Astral Artists Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Fort Worth Now ($750k), Kensington Community Council ($751k) and Hartford Area Development Foundation ($750k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $141k (16% of expenses). Other salaries and wages came to $253k. At year end it held assets of $979k against liabilities of $159k, net assets of $819k. It reported 8 employees.