Critica Inc

Analysis

Critica Inc is a registered charity in United States, based in Riverdale, NY. It received its IRS tax-exemption ruling in April 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 (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, Critica Inc reported income of $203k and spending of $195k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $236k to $203k (-14%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income rose by 1282%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Critica Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Michigan Science Teachers Association ($203k), Maryfest Inc ($203k) and The Lotos Foundation ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.