Polish Heritage Alliance Inc

Analysis

Polish Heritage Alliance Inc is a registered charity in United States, based in Franklin, WI. It received its IRS tax-exemption ruling in July 1983, 43 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, Polish Heritage Alliance Inc reported income of $754k and spending of $1.0m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $871k to $754k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 225%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Polish Heritage Alliance Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Nevada Falun Dafa Association ($754k), Artists Reenvisioning Tomorrow ($754k) and Montgomery Symphony Association ($754k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $117k (11% of expenses). Other salaries and wages came to $61k. At year end it held assets of $2.2m against liabilities of $548k, net assets of $1.7m. It reported 37 employees.