Hungarian Cultural Garden Restoration Committee

Analysis

Hungarian Cultural Garden Restoration Committee is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Hungarian Cultural Garden Restoration Committee reported income of $100k and spending of $69k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $100k (+134%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 3136%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hungarian Cultural Garden Restoration Committee sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Club Hustle Inc ($100k), JDL Providence Football Inc ($100k) and United States Bowling Congress Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 11% of the total. At year end it held assets of $615k against liabilities of $0, net assets of $615k.