Caribbean Studies Association Inc

Analysis

Caribbean Studies Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2012, 14 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 July 2022, Caribbean Studies Association Inc reported income of $107k and spending of $104k, spending 98% of its income. Across the 3 years on record, from July 2019 to July 2022, income fell from $150k to $107k (-29%), an average of -16% a year. The sharpest change came in the year to July 2021, when income dropped by 41%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Caribbean Studies Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Sa Tamil Sangam ($107k), San Diego Jazz Ventures Inc ($107k) and American Indian Association of Illinois ($107k).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $202k against liabilities of $7,589, net assets of $194k.