Ecuadorian American Cultural Center Inc

Analysis

Ecuadorian American Cultural Center Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in July 2014, 12 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, Ecuadorian American Cultural Center Inc reported income of $222k and spending of $426k, spending 192% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $222k (+14%), an average of +14% a year. Over the whole period it spent 166% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ecuadorian American Cultural Center Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Your Economic Success ($222k), Portulans Institute ($222k) and Prism Gay Men and Allies Chorus Corporation ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Other salaries and wages came to $172k. At year end it held assets of $20k against liabilities of $273k, net assets of -$253k.