Persian Cultural Center Inc

Analysis

Persian Cultural Center Inc is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in April 1991, 35 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, Persian Cultural Center Inc reported income of $117k and spending of $116k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $117k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Persian Cultural Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Reagan High School Dance Boosters ($117k), Society of Ethnobiology Inc ($117k) and Society of Cincinnati in the State of Connecticut ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $24k (21% of expenses). Other salaries and wages came to $33k. At year end it held assets of $226k against liabilities of $45k, net assets of $181k.