Iran Cultural & Educational Center Inc

Analysis

Iran Cultural & Educational Center Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in November 1991, 35 years ago. 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 June 2024, Iran Cultural & Educational Center Inc reported income of $93k and spending of $87k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $72k to $93k (+29%), an average of +29% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iran Cultural & Educational Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include National Coalition of Clergy and Laity ($93k), Little League Baseball Inc ($93k) and PTA California Congress of Parents Teachers & Students Inc ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $452k against liabilities of $145k, net assets of $307k.