Decoda Inc

Analysis

Decoda Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2013, 13 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Decoda Inc reported income of $285k and spending of $368k, spending 129% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $378k to $285k (-25%), an average of -9.0% a year. The sharpest change came in the year to June 2022, when income rose by 213%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Decoda Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Irishfest-Lacrosse Inc ($285k), Ballet of York County ($285k) and Indiana Glass Arts Alliances ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). Other salaries and wages came to $12k. At year end it held assets of $159k against liabilities of $3,570, net assets of $155k. It reported 2 employees.