Turkish Society of Rochester

Analysis

Turkish Society of Rochester is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in June 1970, 56 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 March 2023, Turkish Society of Rochester reported income of $652k and spending of $527k, spending 81% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $387k to $652k (+68%), an average of +14% a year. The sharpest change came in the year to March 2022, when income rose by 111%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Turkish Society of Rochester sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Creative Dance Center ($652k), Commusication ($652k) and Peabody Historical Society ($652k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 21% and program service revenue 47% of the total. At year end it held assets of $967k against liabilities of $579k, net assets of $388k.