Orissa Culture Center Inc

Analysis

Orissa Culture Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2009, 17 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 December 2022, Orissa Culture Center Inc reported income of $212k and spending of $299k, spending 141% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $134k to $212k (+58%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 294%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orissa Culture Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Providence Place V ($212k), Morrison County Historical Society ($212k) and Blue Water Chamber Orchestra ($212k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $812k, net assets of $1.0m.