USA 250

Analysis

USA 250 is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2011, 15 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, USA 250 reported income of $1.6m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to December 2023, income grew from $938k to $1.6m (+72%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, USA 250 sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Mensa Education and Research Foundation ($1.6m), Cafe Lena Inc ($1.6m) and Clairvaux Institute ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (10% of expenses). Other salaries and wages came to $365k. At year end it held assets of $1.3m against liabilities of $260k, net assets of $1.0m. It reported 6 employees.