Arab American Cultural and Community Center

Analysis

Arab American Cultural and Community Center is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1996, 30 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 2022, Arab American Cultural and Community Center reported income of $576k and spending of $295k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $378k to $576k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 123%. 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, Arab American Cultural and Community Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Bainbridge Arts & Crafts Inc ($576k), Korean American Grassroots Conference Inc ($576k) and High Desert Test Sites ($576k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $87k. At year end it held assets of $2.9m against liabilities of $176k, net assets of $2.7m. It reported 14 employees.