Latinx Playwrights Circle Inc

Analysis

Latinx Playwrights Circle Inc is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in July 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Latinx Playwrights Circle Inc reported income of $131k and spending of $199k, spending 152% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $219k to $131k (-40%), an average of -40% a year. The sharpest change came in the year to July 2024, when income dropped by 40%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Latinx Playwrights Circle Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Perkins Mansion Inc ($131k), Mad River and NKP Railroad Society ($131k) and Commemorative Bucks of Michigan ($131k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.