Friends of the Coltrane Home in Dix Hills

Analysis

Friends of the Coltrane Home in Dix Hills is a registered charity in United States, based in Deer Park, NY. It received its IRS tax-exemption ruling in December 2006, 20 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, Friends of the Coltrane Home in Dix Hills reported income of $695k and spending of $140k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $365k to $695k (+91%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 697%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Coltrane Home in Dix Hills sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Pennsylvania Youth Theatre ($695k), Forney Museum ($695k) and Mandarin Language and Cultural Center ($695k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $82k. At year end it held assets of $1.0m against liabilities of $393k, net assets of $648k. It reported 1 employees.