Lithuanian World Community

Analysis

Lithuanian World Community is a registered charity in United States, based in Cumberland, RI. It received its IRS tax-exemption ruling in June 1981, 45 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, Lithuanian World Community reported income of $87k and spending of $59k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $87k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lithuanian World Community sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within RI. Charities of a similar size with the same main cause include Strata Gallery ($87k), Homer Opus ($87k) and Refracted Theatre Company ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.