Hellenic-American Cultural Foundation

Analysis

Hellenic-American Cultural Foundation is a registered charity in United States, based in Rye, NY. 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, Hellenic-American Cultural Foundation reported income of $77k and spending of $78k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $77k (-5.2%), an average of -5.2% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hellenic-American Cultural Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Circus Cascadia ($77k), Historical Society of Marshall County Iowa ($77k) and Symphony of the Potomac Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 19% of the total. At year end it held assets of $185k against liabilities of $200, net assets of $185k.