The Three Arts Club of Homeland Inc

Analysis

The Three Arts Club of Homeland Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1964, 62 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 2023, The Three Arts Club of Homeland Inc reported income of $68k and spending of $77k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $82k to $68k (-17%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Three Arts Club of Homeland Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Oregon Made Creative Foundation ($68k), Association Culturelle Et Historique du Mont Carmel ($68k) and Arts for All ($68k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k.