Social Tango Project Inc

Analysis

Social Tango Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 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, Social Tango Project Inc reported income of $99k and spending of $148k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $99k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Social Tango Project Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Sakura-Kai ($99k), Soundscape Composition and Performance Exchange ($99k) and Daugavas Vanagi Latvian Welfare Association Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,277 against liabilities of $0, net assets of $1,277.