American Sokol Organization and Educational and Physical Culture O

Analysis

American Sokol Organization and Educational and Physical Culture O is a registered charity in United States, based in Dearborn HTS, MI. It received its IRS tax-exemption ruling in June 1968, 58 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Sokol Organization and Educational and Physical Culture O reported income of $125k and spending of $63k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $125k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 755%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Sokol Organization and Educational and Physical Culture O sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Italian American St Joseph Society Inc ($125k), Windward Choral Society ($125k) and Moorhead Community Access Television Corporation ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 59% of the total. At year end it held assets of $722k against liabilities of $0, net assets of $722k.