Abada-Capoeira DC Brazilian Arts Center Inc

Analysis

Abada-Capoeira DC Brazilian Arts Center Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in September 2014, 12 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 May 2024, Abada-Capoeira DC Brazilian Arts Center Inc reported income of $83k and spending of $79k, spending 96% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $87k to $83k (-4.8%), an average of -4.8% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abada-Capoeira DC Brazilian Arts Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Samuel and Ruth Hirsch Foundation Inc ($83k), National Historic California Trail Interpretive Center Foundation ($83k) and Rich Mountain Battlefield Foundation Inc ($83k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $25k against liabilities of $3,790, net assets of $21k.