Under the Volcano International Inc

Analysis

Under the Volcano International Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2016, 10 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 April 2024, Under the Volcano International Inc reported income of $188k and spending of $184k, spending 98% of its income. Across the 3 years on record, from April 2022 to April 2024, income grew from $125k to $188k (+51%), an average of +23% a year. The sharpest change came in the year to April 2024, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Under the Volcano International Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Sacra Profana ($188k), The Temple Theater for the Performing Arts Inc ($189k) and Ifera Inc ($188k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 57% and program service revenue 28% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.