Tea Artistry Corp
Analysis
Tea Artistry Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2022, 4 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 December 2023, Tea Artistry Corp reported income of $70k and spending of $70k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $70k (+115%), an average of +115% a year. The sharpest change came in the year to December 2023, when income rose by 115%. 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, Tea Artistry Corp 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 NY. Charities of a similar size with the same main cause include Kazimierz Pulaski Polish Language School Inc ($70k), Torn Curtain Arts ($70k) and Florida Ocean Alliance Inc ($70k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. At year end it held assets of $1,447 against liabilities of $0, net assets of $1,447.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kazimierz Pulaski Polish Language School Inc | Garfield | $70k |
| Torn Curtain Arts | Lakewood | $70k |
| Florida Ocean Alliance Inc | Ft Lauderdale | $70k |
| Historic Trinity Inc | Detroit | $70k |