East-West Cultural Center

Analysis

East-West Cultural Center is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in August 1961, 65 years ago. 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 December 2023, East-West Cultural Center reported income of $66k and spending of $21k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $66k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 248%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East-West Cultural Center sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Renton Sailing Club Incorporated ($66k), Auberry Park Housing Corporation ($66k) and The Halfway Houses of Westchester Foundation Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $832k against liabilities of $0, net assets of $832k.