India Cultural Center of Greenwich Inc

Analysis

India Cultural Center of Greenwich Inc is a registered charity in United States, based in Bedford Hills, NY. It received its IRS tax-exemption ruling in December 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 December 2023, India Cultural Center of Greenwich Inc reported income of $297k and spending of $245k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $297k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, India Cultural Center of Greenwich Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Tiel Sanford Memorial Fund ($297k), Acts Career Center Inc ($297k) and Shoreline Arts Alliance Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $92k (38% of expenses). At year end it held assets of $490k against liabilities of $15k, net assets of $474k. It reported 1 employees.