Celsius

Analysis

Celsius is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover social science, 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, Celsius reported income of $174k and spending of $208k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $174k (-13%), an average of -13% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Celsius sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 27th percentile within DC. Charities of a similar size with the same main cause include Foundation for Jewish Broadcasting Inc ($174k), Light Industry Cinema Projects Ltd ($174k) and Kelley House Museum Incorporated ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $64k against liabilities of $115k, net assets of -$50k.