Advanced Beginner Group Inc

Analysis

Advanced Beginner Group Inc is a registered charity in United States, based in Thornwood, NY. It received its IRS tax-exemption ruling in December 2012, 14 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 June 2023, Advanced Beginner Group Inc reported income of $56k and spending of $56k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $68k to $56k (-18%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Advanced Beginner Group Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Warriors of the Wonderful Sound Inc ($56k), Laconia Museum Society Inc ($56k) and Rupak School of World Music ($56k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $56k against liabilities of $2,178, net assets of $54k.