Institute of Classical Architecture and Art Inc

Analysis

Institute of Classical Architecture and Art Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Institute of Classical Architecture and Art Inc reported income of $106k and spending of $103k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $106k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute of Classical Architecture and Art Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Laurel Hill Fire Department Inc ($106k), Thief River Falls Concert Association ($106k) and Silver Lining Charitable Foundation Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 9.7% of the total. At year end it held assets of $139k against liabilities of $4,947, net assets of $134k.