Polish Language School Inc
Analysis
Polish Language School Inc is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in April 1974, 52 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2023, Polish Language School Inc reported income of $305k and spending of $318k, spending 104% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $287k to $305k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to July 2022, when income rose by 39%. Over the whole period it spent 108% 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 Language School Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CT. Charities of a similar size with the same main cause include Ironwood Theatre Inc ($305k), New Orleans Hispanic Heritage Foundation Inc ($305k) and Heartland Youth Choir ($305k).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Other salaries and wages came to $147k. At year end it held assets of $237k against liabilities of $0, net assets of $237k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 2.5%
- Program services 97%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ironwood Theatre Inc | Ironwood | $305k |
| New Orleans Hispanic Heritage Foundation Inc | New Orleans | $305k |
| Heartland Youth Choir | Des Moines | $305k |
| Art Guild of Burlington Inc | Burlington | $305k |