Civilizasian Foundation Inc

Analysis

Civilizasian Foundation Inc is a registered charity in United States, based in Old Westbury, NY. It received its IRS tax-exemption ruling in August 2022, 4 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 December 2023, Civilizasian Foundation Inc reported income of $56k and spending of $43k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $56k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Civilizasian Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Travelers Choral Club Inc ($56k), Elite Marching Band of Queens Inc ($56k) and Warren Theatre Guild Inc ($56k).

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 $20k against liabilities of $7,259, net assets of $13k.