Decorative Arts Society

Analysis

Decorative Arts Society is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Decorative Arts Society reported income of $444k and spending of $427k, spending 96% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $625k to $444k (-29%), an average of -11% a year. The sharpest change came in the year to May 2021, when income dropped by 63%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Decorative Arts Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Newport Partnership for Families ($444k), Northwest Valley Connect ($444k) and Hope House of Scott County ($444k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. At year end it held assets of $829k against liabilities of $0, net assets of $829k.