Holy Land of Waterbury USA Inc

Analysis

Holy Land of Waterbury USA Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in August 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 (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, Holy Land of Waterbury USA Inc reported income of $71k and spending of $117k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $71k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 189%. Over the whole period it spent 138% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holy Land of Waterbury USA Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within CT. Charities of a similar size with the same main cause include Walton Theatre Preservation Association ($71k), Fort Laramie Historical Association ($71k) and American Friends of the Royal Ballet School Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $646k against liabilities of $5,506, net assets of $641k.