American Lebanese Cultural Center Inc

Analysis

American Lebanese Cultural Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, American Lebanese Cultural Center Inc reported income of $791k and spending of $710k, spending 90% of its income. Across the 3 years on record, from December 2018 to December 2022, income grew from $235k to $791k (+236%), an average of +83% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Lebanese Cultural Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Illinois State Alliance of Ymcas ($791k), New Horizons Adult Day Services Inc ($791k) and Mounting Horizons ($791k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $443k against liabilities of $0, net assets of $443k.