American Turkish Academy of Washington

Analysis

American Turkish Academy of Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 2016, 10 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Turkish Academy of Washington reported income of $96k and spending of $103k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $96k (-12%), an average of -12% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Turkish Academy of Washington sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include Stuart Heritage Inc ($96k), Lyric Theatre Inc ($96k) and Berlin & Beyond Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.