Cambodian Cultural Center Inc

Analysis

Cambodian Cultural Center Inc is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Cambodian Cultural Center Inc reported income of $76k and spending of $77k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $396k to $76k (-81%), an average of -56% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cambodian Cultural Center Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Billy V Hall Senior Complex Inc ($76k), Robert and Marys Place ($76k) and Rustic Youth Camp ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.