Ataturks Heritage Inc

Analysis

Ataturks Heritage Inc is a registered charity in United States, based in Jackson HTS, NY. It received its IRS tax-exemption ruling in October 2021, 5 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 June 2024, Ataturks Heritage Inc reported income of $65k and spending of $109k, spending 169% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $126k to $65k (-49%), an average of -49% a year. The sharpest change came in the year to June 2024, when income dropped by 49%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ataturks Heritage Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include North American Provincial Council Comhaltas Ceoltoiri Eireann Inc ($65k), KB Dancers Ltd ($65k) and Legacies of the Pacific ($65k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 115% of the total. It paid $44k in professional fundraising fees. At year end it held assets of $0 against liabilities of $0, net assets of $0.