Queens World Film Initiative Inc

Analysis

Queens World Film Initiative Inc is a registered charity in United States, based in Jackson Heights, NY. 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 June 2024, Queens World Film Initiative Inc reported income of $124k and spending of $117k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $74k to $124k (+68%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Queens World Film Initiative Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Campanile Productions Inc ($124k), Asian American Cohesion Inc ($124k) and Watchfire Media Inc ($124k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.