Decimania Inc

Analysis

Decimania Inc is a registered charity in United States, based in Hatillo, PR. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Decimania Inc reported income of $485k and spending of $503k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $400k to $485k (+21%), an average of +10% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Decimania Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 55th percentile within PR. Charities of a similar size with the same main cause include Lighthouse Archaeological Maritime Program ($485k), Covenant Ballet Theatre of Brooklyn Inc ($486k) and Indianapolis Theatre Fringe Festival Inc ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $156k against liabilities of $67k, net assets of $89k.