College Park Arts Exchange Inc

Analysis

College Park Arts Exchange Inc is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in July 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, College Park Arts Exchange Inc reported income of $106k and spending of $96k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $99k to $106k (+7.2%), an average of +7.2% 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, College Park Arts Exchange Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include Trepany House ($106k), St Patricks Day Parade of Morris County Inc ($106k) and Miami Fourth Estate Inc ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $110k against liabilities of $725, net assets of $109k.