National Hellenic Society Inc

Analysis

National Hellenic Society Inc is a registered charity in United States, based in Annandale, VA. It received its IRS tax-exemption ruling in April 2008, 18 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Hellenic Society Inc reported income of $1.2m and spending of $1.4m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+5.1%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Hellenic Society Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Apologetics Press Incorporated ($1.2m), Latvian Center Garezers Inc ($1.2m) and Artis Contemporary Israeli Art Fund Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $180k (13% of expenses). Other salaries and wages came to $44k. At year end it held assets of $390k against liabilities of $265k, net assets of $126k. It reported 2 employees.

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.