Irish Cultural Center Inc of Western New England

Analysis

Irish Cultural Center Inc of Western New England is a registered charity in United States, based in W Springfield, MA. It received its IRS tax-exemption ruling in June 2004, 22 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, Irish Cultural Center Inc of Western New England reported income of $580k and spending of $637k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $613k to $580k (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Irish Cultural Center Inc of Western New England sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Honor Flight Tri-State ($580k), Alliance Francaise de Philadelphia ($580k) and Nicolaysen Art Museum ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $79k. At year end it held assets of $1.4m against liabilities of $452k, net assets of $936k. It reported 44 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.