Multilingual Language Cultural Society Inc

Analysis

Multilingual Language Cultural Society Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Multilingual Language Cultural Society Inc reported income of $50k and spending of $18k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $50k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Multilingual Language Cultural Society Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Parent Association for Gifted Education Inc ($50k), Just1mike ($50k) and Committee for Dulles Community Outreach ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $130k against liabilities of $380, net assets of $129k.