Italian Educational & Cultural Ctr is a 501(c)(3) organization based in Jersey City, New Jersey, registered in 1985, with $63,968 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$64K
▼ 19.0% vs prior year
Expenses (FY2024)
$78K
Net assets
$368K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Italian Educational & Cultural Ctr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Italian Educational & Cultural Ctr: 57 mo reserves · -22% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Italian Educational & Cultural Ctr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Italian Educational & Cultural Ctr: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $147K (FY2010) to $64K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
-21.9%
Spent more than it raised in the latest fiscal year.
Total assets
$368K
Total liabilities
$0
Net assets
$368K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $63,968▼19.0% | $77,953▲13.4% | $367,766▼3.7% | $367,766▼3.7% | 990EZ |
| 2023 | $78,968▲15.5% | $68,747▼2.4% | $381,751▲2.8% | $381,751▲2.8% | 990EZ |
| 2022 | $68,378▲16.8% | $70,454▲5.4% | $371,530▼0.6% | $371,530▼0.6% | 990EZ |
| 2021 | $58,554▲0.1% | $66,840▼12.6% | $373,606▼2.2% | $373,606▼2.2% | 990EZ |
| 2020 | $58,488▼2.6% | $76,476▲21.2% | $381,892▼4.5% | $381,892▼4.5% | 990EZ |
| 2019 | $60,020▼25.7% | $63,102▼9.4% | $399,880▼0.8% | $399,880▼0.8% | 990EZ |
| 2018 | $80,784▲57.8% | $69,681▲28.1% | $402,962▲2.8% | $402,962▲2.8% | 990EZ |
| 2017 | $51,179▲5.8% | $54,408▲8.6% | $391,859▼0.8% | $391,859▼0.8% | 990EZ |
| 2016 | $48,356▼6.0% | $50,111▼13.3% | $395,088▼0.4% | $395,088▼0.7% | 990EZ |
| 2015 | $51,461▼15.4% | $57,803▲12.3% | $396,843▼1.6% | $397,674▼1.6% | 990EZ |
| 2014 | $60,795▲36.4% | $51,493▼2.7% | $403,185▲2.4% | $404,019▲2.4% | 990EZ |
| 2013 | $44,579▲7.9% | $52,923▲2.9% | $393,883▼2.1% | $394,716▼2.2% | 990EZ |
| 2012 | $41,298▼29.5% | $51,417▼16.6% | $402,227▼2.5% | $403,604▼2.4% | 990EZ |
| 2011 | $58,543▼60.1% | $61,673▲1.9% | $412,346▼0.8% | $413,725▼0.8% | 990EZ |
| 2010 | $146,648 | $60,502 | $415,476 | $417,163 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Italian Educational & Cultural Ctr (EIN 22-2384498) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.