Persian American Cultural Society Inc

Analysis

Persian American Cultural Society Inc is a registered charity in United States, based in Milford, OH. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Persian American Cultural Society Inc reported income of $72k and spending of $44k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $72k (+383%), an average of +383% a year. The sharpest change came in the year to December 2023, when income rose by 383%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Persian American Cultural Society Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include De-Dc-Md Assoc of Student Financial Aid Administrators Inc ($72k), Rotary Club of Mount Shasta Foundation ($72k) and Viva Learning Community ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $233k against liabilities of $22k, net assets of $212k.