Valerian D Trifa Romanian-American Heritage Center

Analysis

Valerian D Trifa Romanian-American Heritage Center is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in December 1976, 50 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, Valerian D Trifa Romanian-American Heritage Center reported income of $57k and spending of $47k, spending 82% of its income. Across the 5 years on record, from April 2020 to December 2023, income grew from $46k to $57k (+25%), an average of +5.7% a year. The sharpest change came in the year to April 2022, when income rose by 112%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valerian D Trifa Romanian-American Heritage Center sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Apple Creek Historical Society ($57k), West Virginia Memorial Day Inc ($57k) and Basking Ridge Indian Community Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $604k against liabilities of $0, net assets of $604k.